Homes in Norfolk Mass Up by 7% in 2015

By
Real Estate Agent with Century 21 American Properties 9051300

Homes in Norfolk Mass Up by 7% in 2015
Homes in Norfolk Mass

            In Norfolk Mass through the end of 2015 there were 148 closed single family sales. The median sales price in Norfolk was up 7.1%  at the end of the year.

Download The Norfolk Mass Mahoney Report by Realtor Michael Mahoney

             Home sellers in Norfolk achieved 97.1% of their asking prices in 2015. Essentially, this  means that for every $100.00 in asking price, the sellers achieved $97.10. This was a 2.2% increase. The 2% increase could be simply due to the fact that there was a 16% deficit in available single family homes. We need more homes in Norfolk to sell.

             The median sales price in Norfolk, MA for  2015 was $493,500. In 2014, the median sales price was $460,900. As of February 9, 2016 , there are 42 single family properties on the market. The least expensive property on the market is listed for $239,000. The most expensive property currently on the market in Norfolk is listed at $2.5mm.  The average list price of the 42 properties on the market is $828,320. In the last 30 days, there have been 9 closed sales. These closed sales sold at $213 .00 square foot. The median sales price of these 9 properties was $514,000.


Homes for Sale in Norfolk Mass Now

See all homes for sale in Norfolk Mass Here


            If you are considering a move in or out of Norfolk and need an honest opinion or even a second opinion, please feel free to give to call at Realtor Mike Mahoney at (617) 980-9025. You can also review market conditions and inventory at www.HomesinNorfolkMass.com. You can get the value of any home in the area at www.NorfolkCountyHomeValues.com

 

Michael Mahoney
Real Estate Advisor
Keller Williams Realty
www.RealtorMikeMahoney.com

 

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Michael Mahoney

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