An MVP award in Arlington (MA) 2010 Condo Review

A few days ago, we happily reported the triple crown winner for 2010 was Arlington (single family sales). Single family's battery-mate, the condo, went to bat also and put up numbers worthy of Willie Mays or Mickey Mantle (pre-steroid heros).

In 2010, 201 condo docs changed hands; eleven fewer than the number that got got snatched up in 2009. BUT -- the average price long balled up to $396,242 from $350,223 (13%). Days on market was clocked on the speed gun at 59.46 (according1g to MLS), and was was nearly 11 days faster than 2009! And in the all important slugging-percentage-like area of price per square foot, 2010 knocked it out at $285 per, versus 2009's $279.

If there is one weak hole (and there ever is: even Ted Williams had a weak hole -- he batted [his own assessment] a paltry .240 when going after the low inside pitches), that weak hole would be expired listing. In 2009, 57 listings failed to sell. In 2010, 114 owners were "left on base".

As the season swings into high gear we are left to wonder: will they improve in their offensive categories and drive in those 114 owners, or will the season swing somewhere else? I thin the former.