Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family Listing Inventory on October 28
2016
2017
2018
2019
2020
Listing Units
20
24
29
26
16
Average Days on Market
35
27
66
51
31
Average List Price
$819,840.00
$910,712.46
$994,606.48
$994,207.62
$923,028.46
Average List $ / SqFt
$376.10
$360.35
$409.77
$437.39
$450.79
Approximate Absorption Rate
124.58%
93.40%
80.46%
92.63%
139.58%
Approximate Months Supply of Inventory
0.80
1.07
1.24
1.08
0.72
Listed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Taken)
298
281
303
299
287
Average Original List Price
$749,599.83
$805,367.21
$904,433.65
$933,496.87
$951,076.07
Average Original List $ / SqFt
$370.93
$399.14
$424.02
$435.91
$449.17
Went Pending (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Went Pending)
263
251
263
263
262
Average List Price
$727,108.54
$774,989.59
$873,986.25
$902,884.02
$933,319.00
Average List $ / SqFt
$365.85
$396.85
$421.06
$426.76
$445.35
Average Days to Offer
16
16
14
21
15
Listed & Price Changed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Price Changed)
53
44
56
73
44
Average Original List Price
$865,650.92
$852,915.89
$973,371.41
$1,014,463.89
$984,540.64
Average Original List $ / SqFt
$365.99
$394.27
$418.01
$444.97
$451.89
Sold (Year to Date)
2016
2017
2018
2019
2020
Closed Units (Sold)
236
216
219
231
216
Average Days on Market
28
21
19
27
24
Average Days to Offer
18
15
14
21
18
Average Sale Price
$761,022.20
$809,122.07
$906,873.39
$936,485.10
$948,922.24
Average Sale $ / SqFt
$377.09
$415.44
$444.19
$439.03
$456.56
Average List Price
$740,001.89
$769,764.75
$867,423.27
$912,073.10
$922,846.69
Average List $ / SqFt
$364.80
$393.34
$422.39
$426.06
$441.48
Average Original List Price
$749,681.98
$775,034.66
$873,613.23
$925,004.33
$931,939.75
Average Original List $ / SqFt
$368.15
$396.01
$425.41
$431.57
$445.46
Average Sale Price as % of List Price
103.41%
105.39%
105.02%
102.99%
103.32%
Average Sale Price as % of Original List Price
102.54%
104.74%
104.36%
101.80%
102.43%
Average Sale Price as % of Assessed Price
N/A
N/A
N/A
N/A
N/A
Sold Units - Short Sale
0
0
0
0
0
Sold Units - Lender-Owned
0
0
0
0
0
12-Month Activity as of October 28
2016
2017
2018
2019
2020
Units Listed
324
300
322
322
303
Units Price Changed
58
49
57
79
46
Units Went Pending
303
280
299
295
296
Units Sold
299
269
280
289
268
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF