Arlington MA Real Estate: Trends That Forecast a Good Investment
The beautiful town of Arlington, MA has more to offer than a supportive community, good schools, and low crime rates. Arlington real estate is hot, with home values rising 10.3% in the past year and more growth forecast for the coming year. Your new Arlington house is sure to be an excellent investment as well as a pleasant and fruitful place to live.
The average listing prices (approximately $670,000) and median sale prices (approximately $435,000) of Arlington homes suggest that this is a good time to buy and the rising property values suggest that you’ll get a good return on your investment in the future.
Other Trends That Make Arlington Homes for Sale Appealing
The percentages of Arlington homes that show negative equity or for which home owners are delinquent on their mortgages are far below that of the national average. There are a reported 2.7% of homes with negative equity and 1.9% that show delinquent mortgages compared to a national average of 17% and 6.9%, respectively. This suggests that the demographic of the area is composed of high earners and others who will help to raise your property values along with their own. It’s a trend that gives Arlington properties a unique appeal that percentages show is well above the national average.
Arlington MA Apartments
It’s no surprise that Arlington apartments have rents that are considerably higher than rentals in other cities and states. In a town where parents rate the schools as top-notch and the violent crime affects less than 1% of the population, the average price per square foot runs about $2.06 with Arlington rentals ranging from $1,800 to over $2,500. These trends do not appear to be going anywhere and, while these rates seem high compared to others in MA or other states, the reasoning behind them is sound. Renters are paying for the low crime rates and schools that turn out formidable students in addition to highly appealing properties with decent amenities and excellently upheld safety standards. These are trends that make Arlington condos and other rental properties for sale a great opportunity for investment. Arlington properties provide a happy life in a good community for singles and families alike.
Whether you’re moving to the Arlington area alone or with your family, the real estate trends and statistics on crime and caliber of schools suggest that you’ve found the perfect little town to live. Buying a home in this area will prove to be a good investment as well as a pleasant experience and renting an apartment in Arlington offers a similar encounter. Visit Arlington MA today and see for yourself the kinds of properties and amenities that the area has to offer!