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Medfield MA Real Estate Market Report Jan to June 2018
Medfield MA Real Estate Market Report for January 1 to June 30, 2018
Everyone hears that real estate is a "Sellers Market” these days. Demand for real estate is higher than the amount of inventory available for sale.
Medfield is no exception! With only 43 houses for sale...representing just 1.2% of the 3,524 single family homes in Medfield...it's important for Sellers and Buyers to understand how this translates to individual homes.
The good news for Sellers is that the Average Sales Price of homes from Jan 1 to June 30, 2018 climbed 6.9% to $741,410 compared to the same time period last year and the Average number of Days on Market (DOM) dropped 12.77% to 50 from 2017. Houses are selling faster and at higher prices than this time last year. Here's a look at the month-by-month sales numbers for Single Family Homes in Medfield.

This is the monthly average sales data across the overall Medfield real estate market. It’s critical for Sellers to understand the numbers for their particular home. Not all prices ranges represent a Sellers’ Market. For Buyers, knowing which price ranges are more competitive or less, can also be helpful in considering properties and knowing how to make an attractive offer.
What's Selling the ... more

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