2016 Real Estate Market Comparison in Norfolk County as of Jan 5, 2017

By
Real Estate Agent with RE/MAX Executive Realty Norfolk County MA REALTOR

2016 Real Estate Market Comparison in Norfolk County as of Jan 5, 2017

 

Norfolk County, Massachusetts includes 28 communities.

This post focuses on "The Heart of Norfolk County", an area comprised of 7 towns: Dover, Westwood, Norwood,
Canton, Sharon, Walpole and Medfield.

Although most of these towns border at least 3 other towns, they are each very distinct in many ways. 

Here is chart that looks at their 2016 Real estate market performance and shows you how those market results compare to one another.

   MEDFIELD  DOVER  WESTWOOD  NORWOOD  CANTON  SHARON     WALPOLE

NUMBER

OF HOMES

SOLD

     

147

7.5% decr. since 2015

 

      108

36.7% incr. since 2015

        175

3.5% incr. since 2015

       216

2.4% incr. since 2015

     233

19.5 % incr. since 2015

    218

13.5% incr. since 2015

      252

5.4% incr. since 2015

AVGE SQ. FT   2,780   4,173   2,548   1,723   2,416   2,297   2,284
AVGE LIST $

$736,175

3.9% incr. since 2015

$1,223,249

9.2% decr. since 2015

 

$820,243

3.2% incr. since 2015

 

 

$445,753

5.5% incr. since 2015

 

 

$596,531

8.5% incr. since 2015

 

 

$558,670

2% decr. since 2015

 

 

$536,005

5.6% decr. since 2015

 

AVGE SALE $

$719,861

3.7% incr. since 2015

$1,176,229

8.5% decr. since 2015

$802,761

3.2% incr. since 2015

$441,460

5.7% incr. since 2015

$590,938

10.9% incr. since 2015

$550,086

1.7% decr. since 2015

 

$533,002

6.3% decr. since 2015

 

DAYS to OFFER         47       105           60          27       55       41        40
Market Condition 

Sellers' Market - 1.8 months of inventory available.

Balanced Market 5 months inventory available

 

Sellers' Market - 1.9 months of inventory available

 

Sellers' Market  - 29 days of inventory available Sellers' Market - 1 month of inventory available

Sellers' Market - 1.3 months of inventory available

Sellers' Market - 1 month of inventory available

All information is from the Multiple Listing Service Property Information Network. Numbers are rounded to the nearest ones.

To find out what your home is worth in a particular market, call Nina at 781-883-3764 for a complimentary market analysis of your home. 

Happy 2017 New Year

Thinking of selling your home? Call Nina at 781-883-3764

 

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Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Boy that is a ton of data from one of my favorite areas of Virginia. Thank you Nina Rogoff 

Jan 08, 2017 04:51 PM #1
Rainmaker
345,582
Nina Rogoff
RE/MAX Executive Realty - Medfield, MA
Selling Norfolk County Homes

Paul S. Henderson, REALTOR®, Broker, Tacoma Washington  - Thank you! It's Massachusetts not VA but still a ton of data! Lol!

 

Jan 08, 2017 04:55 PM #2
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Rainmaker
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Nina Rogoff

Selling Norfolk County Homes
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