Marshfield home sales report for July 2013
33 single-family homes sold in Marshfield in July
- Up from 27 in June
SALES price was $420,000, up from $385,000 in June
LISTING price was $430,000, up from $399,000
ORIGINAL price was $439,000
ASSESSMENT was $391,000
Average = total prices / number of homes. The average can be strongly influenced by a relatively small number of high-priced sales from one month to the next
SALES price was $377,000, up from $335,000 in June
LISTING price was $410,000 up from $335,000
ORIGINAL price was $410,000
ASSESSMENT was $319,000
Median = the home halfway down the list
- number of days on market was 51 days, down substantially from 88 in June
- price paid per square foot was $219, down from $227
- home sold for about 95% of its original list price
There are 119 single-family homes on the market in Marshfield today. That's a number that emphasizes quality homes for sale. There's now less than 4 months of inventory, although 30 new properties came on the market in July. With 33 sales in July, there's about the same inventory now than there was at the beginning of the month.
Mortgage interest rates have moderated a bit and are trading in the 4 to 4 1/2 percent range.
In Marshfield, buyers are finding great homes at very good prices, though they have to move quickly: many well-priced, well-maintained homes are selling in the first few weeks after they go on the market.
Sellers can readily sell their home now as long as the price gives buyers a good value compared to similar homes already on the market.
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Numbers rounded to nearest thousand. The information contained in this Marshfield home sales report for July 2013, was taken from MLS Data run on 08/03/2013 and represents all single-family sales in Marshfield from 07/01/2013 to 07/31/2013. It is deemed reliable but cannot be guaranteed. If you, as a seller or as a buyer, are currently under a written contract to use another broker exclusively then please disregard this notice. It is not our intention to solicit other real estate broker’s clients. We are happy to work with them and cooperate fully. ©2013 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Employer. Equal Housing Opportunity. Owned and operated by NRT, LLC.