What's my Sanford Mill Condo Worth?

What's my Sanford Mill Condo Worth?

Before I answer that question the specfic question about what your condo may be worth, I will give you a narrative description about the current market conditions overall in Greater Boston. The reviews is provided by the The Greater Boston Real Estate Board. If you cannot wait and want to find out right away what your condo at the Sanford Mill in Medway is worth go here

January 2016

Quick Facts by Looking at the Monthly Indicators

The natural ending point that is each December gives way every year to the optimism of January. This is particularly pronounced when the economy is strong and economists across the land are predicting increases in both prices and home sales. Granted, there has been some measured language surrounding the positive thinking. Although we are looking forward to a mostly decent year in real estate, it should be the kind of activity akin to a sure and steady life being lived rather than the jolt of a lottery win, which is just the way we want it.

Closed Sales increased 17.9 percent for Single-Family homes and 22.4 percent for Condominium homes. Pending Sales increased 4.8 percent for Single-Family homes and 25.3 percent for Condominium homes. Inventory decreased 11.7 percent for Single-Family homes and 6.0 percent for Condominium homes.The Median Sales Price was up 0.9 percent to $490,000 for Single-Family homes but decreased 1.6 percent to $440,000 for Condominium homes.

Local Market Update Reports on Medway, Massachusetts Homes & Condos Sales

This report comes for The Greater Boston Real Estate Board. First produced in July 2011, the association’s Local Market Update (LMU) Reports follow key indicators of housing market performance, documenting data for each month on the calendar. The LMU Reports contain data on closed sales, median selling price, percent of original list price to selling price, housing affordability, the inventory of unsold homes/condos, pending sales, and average time on the market for sold property. Both annual and month-to-month comparisons are provided to the current month’s data. To view and download individual one page reports for each of the 54 cities and towns within the GBAR jurisdiction, as well as 10 communities adjacent to the GBAR jurisdiction, select from the menu below.

Days on Market decreased 13.1 percent for Single-Family homes and 1.7 percent for Condominium homes. Months Supply of Inventory decreased 19.0 percent for Single-Family homes and 6.7 percent for Condominium homes.Other than the change of another month and year, little else is changed in residential real estate both nationally and locally. Unemployment is solidly about the same, housing metric trends are running about the same for now and the sunny outlook is still at about high noon. Same is the sound of 2016, so get curled up and comfy with the song, because we are likely to sing it a lot this year.

Specifics about Medway, MA

If you would like to see what the market looks like for the current month in Medway, you can download the full report here for Medway which includes Medway Condos for Sale and Medway Homes for Sale. This report is real estate company independent. The reports on all homes for sale in Medway and all condos for sale in Medway regardless of company selling them. 

Medway, MA Real Estate Market Update by Realtor Michael Mahoney

Want to Recent Homes Sold in Medway, Massachusetts?by 

Are you interested in seeing what homes in the area sold for. You can get the latest list of homes sold in Medway

The Economic Market Watch Report

Althought not specific to Homes in Medway, MA The Economic Market Watch Report combines your local real estate data with economic forecasts to help you identify current and future trends. It is broken down at the county and zip code level and shows statistical calculations, forecasts, analysis and commentary.

This informational report is updated approximately one month after the end of each quarter and is a collaboration between MLS PIN and the National Association of REALTORS®.

Homes Currently For Sale in Medway, MA

71889105 - 31 Milford Street Medway, MA 02053
71936130 -  9 Chestnut Street Medway, MA 02053
71937371 - 30 Wellington Street Medway, MA 02053
71952562 - 24 Fairway Ln Medway, MA 02053
71953115 - 4 Summer Hill Rd Medway, MA 02053
71960526 - 7 Ledgewood Road Medway, MA 02053
71963831 - 13 Florence Circle Medway, MA 02053
71964788 - 3 Tulip Rd Medway, MA 02053
71965704 - 13 Howe Street Medway, MA 02053
71966462 - 8 Malloy St Medway, MA 02053
71966827 - 2 Grapevine Way Medway, MA 02053

71967638 - 52 Holliston St Medway, MA 02053
71969145 - 6 Brandywine Rd Medway, MA 02053
71969171 - 12 Hemlock Dr Medway, MA 02053
71969417 - 7 King Phillip Medway, MA 02053
71969735 - 3 Sherwood Drive Medway, MA 02053
71970083 - 110-A Milford St Medway, MA 02053
71970566 - 9 Buttercup Lane Medway, MA 02053
71970980 - 19 Holliston St Medway, MA 02053

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