The Covid-19 pandemic affected the Boston real estate market on a short-term and long-term basis. Initially, news of a novel coronavirus in the U.S. caused fear and slowed real estate activity. People shifted routines and priorities. Work-from-home got popular and is here to stay. Urban real estate prices rose, and suburban markets appreciated even more. Going forward, the local real estate market will be impacted by the pandemic-induced changes that persist, what happens next with interest rates, and differences among neighborhoods.

The real estate market in East Arlington is still hot. Prices and activity remain high in the face of mortgage rates that are up compared to several months ago. East Arlington’s real estate market has benefited from the same factors that have pushed up the broader U.S. housing market, plus its great location outside of Boston.