The Medfield, MA Homes For Sale Market Report
OK, things are heated up in Medfield this spring, leaving a market very tough for buyers. Let's see what happened:
When you see the green and yellow lines diverge like that (Actives falling, sales rising, that's usually the formula for a rising Hot Selling Index and potentially price increases, which is what we see here. Great news for home sellers, as the HSI climbed above 100 for the first time in a long time, and prices rose too- $/sq foot set a record since I've been tracking it. Not so good for buyers: Active for sale houses is just at 57, the low in the past year. Not much too choose from.
Foreclosures and short-sales stay the same in this report, no increase or decrease to discuss - the impact in this market is marginal.
Medfield, MA Real Estate For Sale and Sold Market Statistics - Raw MLS Data
- There are 57 homes listed as For Sale.
- There have been 93 houses sold in the last 6 months, and 67 homes sold in the last 3 months.
- There was an Average Market Time of 106 days for just SOLD homes.
- There is an Average Market Time of 191 days of the homes For Sale.
- The Dollars paid per Square Foot in Medfield, MA is $236 (vs. $226 )
- There was an Average Sold Price of $ X for sold homes.
- Medfield, MA has 0 properties (vs. 0) advertised as lender owned/foreclosure (typically foreclosure) .
- Medfield, MA has 3 properties (vs. 3) advertised as a shortsale is going to be needed by lender .
- Medfield, MA “Hot Seller Index” (HSI): 104 Last Report: 83
*All statistics are for Single Family Houses and based on data in MLS.
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Read my Explanation for Massachusetts Home Data Reports.
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About Matt Heisler
Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.
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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
