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jess, Both Buyer and Seller in Boston, MA

What is the condo market in East Arlington doing these days?

Asked by jess, Boston, MA Wed Dec 31, 2008

We own a 1000 sq foot 2bd/1 bath condo and are thinking of moving to a single family, but it depends on what this condo could bring us for a down payment. The condo is nicely updated on a great street and lot. What is the trend overall for the condo market? Thanks!

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Hi Jess, thank you for your question:

The condominium market in Arlington has actually been doing pretty well. Currently there are 41 condos on the market in Arlington. These listings are averaging 103 days on market and a listing price of $369,773.

In the last 3 months (Oct-Dec) there have been 30 condominium sales in Arlington. They are selling at an average of $367,067, which is 95% of the original list price. The average sales price is up $11,804 since last year during the same period of time ($355,263).

If you are ready to move into a single family home, it may be a great opportunity for you to sell your condominium at a great price and possibly find a great "deal" on a single family home. I would love the opportunity to sit down with you to discuss these market statistics further and possibly the market statistics of single-family homes in communities of interest so that you can see the great advantages of selling now.

Thanks again for your question and Happy New Year!
0 votes Thank Flag Link Wed Dec 31, 2008
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