Real estate market data for Walpole, Massachusetts provided by Michael Mahoney of Keller Williams Realty
Call 617-615-9435 if you would like more detailed market information specific to your neighborhood.
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Walpole Home Prices
We have seen several months of selling price increases in home prices in Walpole and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Walpole. Working with a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price, and often they sell for more. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Walpole home on which you are making an offer.
If you are interested in how much current inventory is on the market in Walpole you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently, in this area of Walpole, homes have a median time of 12 days on the market before they sell. This would suggest that sellers are in a great position to control the terms of there sale. Sellers should make there offers at or above the market ing prices if they expect to get an offer accepted from one of the homes sellers. Low inventory in Walpole has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to stay where they are.
The median sales price in June for single family homes in Walpole (02081) was $480,000.
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
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Thank you for reading about Home Prices in Walpole MA for June 2017.