Steve Poltorzycki, an Arlington resident writes about what he sells — local real estate.
Here’s my newsletter recapping the Arlington residential real estate market for single-family homes and condos, year to date (through June 2019).
The bottom line is that prices have leveled off.
Prices in the greater Boston area have reached record highs, but the rate of price rise has slowed. In Arlington? Well, read on …
The median price for single-family homes sold in Arlington in 2019 through June was $832,500, down a little bit from the $833,500 reached during the same period in 2018.
And the median price for condos in 2019 through June was $610,000, also down from the $613,000 seen through June 2018.
It looks like the market the year has plateaued. But it’s plateaued with prices pretty much at record highs.
Read the entire column here >>
If you have any comments or questions on this or any other real estate-related matter, please contact me. I’d love to hear from you.
Real estate
Data were collected from MLS PIN, National Association of Realtors, Massachusetts Association of Realtors, Great Boston Association of Realtors,US Bureau of Labor Statistics (BLS), US Bureau of Economic Analysis (BEA), Freddie Mac, and Conference Board Consumer Confidence Survey. Data do not reflect private transactions. Berkshire Hathaway Home Services Commonwealth Real Estate and its sales agents make no representation as to the accuracy of the data and are not responsible for any actions taken as a result of use of or reliance on this information.
This column of information by Steve Poltorzycki was published Wednesday, Aug. 21, 2019. He is a Realtor with Berkshire Hathaway HomeServices Commonwealth Real Estate. Email him at steve at stevepolt.com if you would like to receive his real estate newsletter and see his website >>
