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 An Arlington real estate agent, Adam Rosenbaum, provides an update about homes for sale in town that have gone under agreement, the asking price for each and how many days on the market.
April 13 Globe story
The following are his comments.
As an Arlington realtor and long time resident, I'm always surprised
just how much interest there is when I'm talking with people about
real estate. It doesn't seem to matter if they are "in the market" or
not. Everyone seems to be curious. Whether it's to assess their own
houses' value, pure neighborly curiosity, or perhaps to take the pulse
of the town, real estate has a definite hold on people's
consciousness. So as a public service, and admittedly in my own
interest, I am happy to start bringing you an update on properties
that have gone under agreement (UAG) every two or four weeks. I've
chosen UAG's (as opposed to SOLD) properties because UAG's represent
what is happening NOW in Arlington's real estate market. If you
contact me, I can sometimes provide you with the actual SOLD closed
price.
Over the recent four-week period (7/8-8/8) – 43 properties have gone under
agreement. The 28 single-family houses went under agreement in a very
quick 31 Average Days on Market (DOM). Condos in a slightly longer 42
DOM. These figures are indicative of a still very strong market. I
know of one single family near Spy Pond that received seven offers in
the first week. Rates are still relatively low, and the buyer pool
seems to be holding strong. If you haven't heard, there is a now
$7500 tax credit that is being offered to first time buyers, ask your
lenders.
36 Single-Family Asking Price Days On Market (DOM)
28 Single-family houses
• 80 Browning Rd 349,900 2
• 6 Heard Rd. 374,500 42
• 75 Piedmont St. 389,900 61
• 42 Mt. Vernon St. 399,900 17
• 84 Wright St. 405,000 22
• 61 Dothan St. 409,900 64
• 182 Lowell St. 424,000 5
• 477 Appleton St. 435,000 23
• 356 Park Ave. 439,000 19
• 9 Crescent Hill Ave. 439,000 91
• 103 Brand St. 439,000 5
• 23 Sawin St. 439,900 4
• 59 Teel St. 444,900 32
• 118 Hemlock St. 455,000 90
• 7 Regis St. 479,900 5
• 15 West St. 485,000 79
• 12 Wyman St. 489,900 7
• 231 Ridge St. 497,500 16
• 201 Appleton St. 499,000 22
• 40 Greeley Circle 529,000 38
• 144 Scituate St. 529,000 5
• 19 Virginia Rd. 529,000 5
• 63 Coolidge Rd. 549,000 8
• 15 High Haith Rd. 549,900 4
• 167 Park Ave. 599,000 46
• 11 Rockland Ave. 759,000 66
• 28 Hillside Rd. 815,000 49
• 74 Spy Pond Parkway 849,000 41
13 Condos
• 12 Colonial Village #8 210,000 144
• 20 Hamilton Rd. #301 210,000 46
• 12 Wellington St. #3 309,900 8
• 990 Mass Ave. #42 329,000 14
• 128 Thorndike St. 339,000 4
• 73 Broadway #3 339,000 6
• 36 Lafayette #1 339,000 136
• 112 Park Ave #1 347,500 20
• 56 Hilton St. 385,000 7
• 61 Palmer St. 399,000 42
• 34 Lafayette St. 425,000 19
• 38 Lafayette 435,000 89
• 105 Pleasant 439,000 15
Multi- Family
• 23 Laurel St. 437,500 4
• 180182 Medford St. 529,000 95
Got a question? Ask me, the first name in real estate, Adam Rosenbaum
at Century 21 Adams. www.adamrosenbaum.com 617.694.8553 (cell)
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