Despite a global pandemic, social unrest and economic challenges, the real estate market in Greater Boston remains strong – a true testament to the robust and real-estate-resilient area we live in.
Buyers are still buying and sellers are still selling.
Based on the data comparing Arlington home sales in 2020 vs. 2019, you’ll notice that both single-family homes and multi-family homes are on the market slightly longer in 2020 than 2019, but home values for both properties continue to rise in 2020.
Interestingly, condo homes are the opposite – selling faster in 2020 than 2019 but at slightly lower values.
Overall, the real estate market is strong, buyer demand is high and prices are stable and rising. This is good new for anyone thinking about buying or selling their home this year. Don’t wait, just put your home in our hands.
*MLS data Jan 1 – May 31, 2019-2020