What’s Happening in Arlington?
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What’s Happening in Arlington Real Estate?
We try to impress upon our clients that watching median prices or “how the market is changing” isn’t the same thing as understand what a particular property is worth at any time. If you are curious about how properties are selling and what your home might be worth in today’s market, let’s take a look. Or, if you are trying to understand what it costs to find a property that you would like, let’s take a look at that market segment.
A popular home search in Arlington for many years has been….”I’d like a condo in East Arlington close to Mass Ave, close to Alewife, and close to Capitol Square.” These are the condo sales for this year in that location. What drives the prices to continue to rise is that there just aren’t that many units. There have only been 25 sales that are roughly between Alewife and Spy Pond and not too far across Mass Ave. This creates a lot of pressure on the pricing.