As an Arlington realtor and longtime 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 weeks. I’ve chosen UAGs (as opposed to SOLD) properties because UAG’s represent what is happening NOW in Arlington’s real estate market.

Over the past two weeks (5/3-5/18), 26 properties have gone under agreement. That is three fewer properties than the previous two weeks' sizzling numbers, but they still indicate a spring housing market that is quite robust. The 10 single-family houses went under agreement in a lickety-split 32 Average Days on Market (DOM).  I know of one two-family house that received more than 20 offers!  Rates are low, inventory is good and the buyer pool seems to be holding strong.  (**Real Estate Factoid - Of the 36 properties that closed (or SOLD) over the past month, the average sale price to list price was 97%)  

Address                                  Asking Price                     Days on Market

10 Single-family houses

93 Waverly St..                                    349k                                        6

65 Thesda St..                                      379k                                       5

545 Summer St.                                  385k                                       134

58 Alpine St.                                         389.9k                                    7

148 Overlook Rd.                                399.9k                                     21

40 Surry Rd.                                          410k                                       42

777 Concord Turnpike.                    419.9k                                      28

270 Park Ave.                                       439.9k                                    21

35 Foxmeadow Ln                              469.9k                                    46

200 Hillside Ave...                               525k                                       13

12 Condos

15 Old Colony Ln #1                           165k                                       18

12 Pond Ln. #27                                  244k                                       19

20 Waldo Rd. #2                                  286.9k                                    17

126 Mass Ave. #3                                287.5k                                    84

975 Mass Ave #402                            309k                                       3

40 Lafayette St.                                    349.9k                                    28

74 Williams St. #2                               359k                                       209

62 Everett St. #2                                  375k                                       4

31 Windermere Ave. #1                     399.9k                                    18

78 Thorndike St.                                  435.9k                                    34

173 Franklin St.                                    524.9k                                    66

74 Park St. #1                                       669.9k                                    245

Multifamily

37-39 Amsden St.                               475k                                       660

43-45 Pine St.                                      549k                                       21

44 Palmer St.                                       549k                                       6

18 Water St.                                          759.9k                                    28