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market conditions: REALTORĀ® Magazine-Daily News-Sellers Should List Homes Early - 01/06/10 12:41 PM
REALTOR® Magazine-Daily News-Sellers Should List Homes Early   REALTOR® Magazine-Daily News-Sellers Should List Homes EarlySellers Should List Homes EarlySelling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list the property could be a mistake.Government incentives will likely have a big impact in 2010, with many buyers determined to sign a contract before the April 30 tax credit deadline."This year, we're anticipating sales will peak earlier," says Nicole Hall, editor in chief of Lendingtree.com, an online mortgage comparison service. "The … (0 comments)

market conditions: Medford, Massachusetts - 2009 Year in Review - Real Estate - 01/01/10 02:52 PM
FRIDAY, JANUARY 1, 2010 Medford, Massachusetts - 2009 Year in Review - Real Estate Welcome to 2010, it'll take a few days to get used to writing 2010 for me. We've had an eventful year in real estate. We started off a bit slow & sluggish but with the Federal First Time Homebuyer's Tax Credit we saw a real uptick in activity during the final months of 2009. Fortunately Medford has a large inventory of homes that were in the price range for the tax credit. Foreclosures were less of an issue here than they were in other communities but we saw our share of short-sales, … (0 comments)

market conditions: Medford, MA August 2009 Market Report - 09/02/09 08:12 PM
Medford MA August 2009 Market Report  
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Market Report - August 2009 -Medford,Massachusetts HousingAugust 2009Condominium Sold Listings: 21Average List Price: $345,766Average Sale Price: $330,607Average Market Time: 97.19Multi-Family Sold Listings: 4Average List Price: $402,200Average Sale Price: $396,000Average Market Time: 110.75Single Family Sold Listings: 22Average List Price: $374,464Average Sale Price: $369,200Average Market Time: 34.41July 2009Condominium Sold Listings: 13Average List Price: $290,223Average Sale Price: $266,060Average Market Time: 98.00Multi-Family Sold Listings: 8Average List Price: $403,200Average Sale Price: $379,063Average Market Time: 104.88Single Family Sold Listings: 24Average List Price: $358,845Average Sale Price: $349,827Average Market Time: 85.79August 2009 condo sales saw a jump from 13 … (0 comments)

market conditions: Medford Massachusetts July 2009 Market Report - 08/08/09 11:34 AM
Medford, Massachusetts July 2009 Market Report Over the last few months there has been a real uptick in sales in and around Medford. Inventories are low in the lower price ranges for properties that are not bank owned or short sales.Because of the lack of regular sale properties prices in the lower ranges are trending up if the current demand continues.Single Family Sold Listings: 24Average List Price: $355,757Average Sale Price: $354,619Average Market Time: 87.29Condominium Sold Listings: 13Average List Price: $290,223Average Sale Price: $266,060Average Market Time: 98.00Multi-Family Sold Listings: 8Average List Price: $403,200Average Sale Price: $379,063Average Market Time: 104.88Financing continues to be … (0 comments)

market conditions: City of Medford, MA 1st Quarter 2009 Single Family Housing Report - 05/05/09 07:46 PM
City of Medford, MA
1st Quarter 2009 - Single Family
  
Total SF Properties Sold          27
(1st Q '09)
  
Difference from 1st Q               -32.5%
'08
  
Median Price (1st Q '09)            $334,840
  
Difference from 1st Q               -7.8%
'08
  
Average Days on Market           81
(1st Q '09)
  
Total Under Agreements           44
(1st Q '09)
  
Total SF on Market                   47
(1st Q '09)
  
Difference from 1st Q               -42.0%
'08
  
Total SF Properties Sold          40
(1st Q '08)
  
Median Price (1st Q '08)            $363,000
  
Average Days on Market           123
(1st Q '08)
  
Total … (0 comments)

 
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Scott Nelson

Medford, MA

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