Homes For Sale in Medfield Market Report

High prices in Medfield have finally stalled the momentum in Medfield. It hasn't really dampened prices - they remain strong, but those who are out there reaching for new highs are finding the buyers fickle.

The numbers of Homes for Sale continues to fall - it's

less than half what it was in  2011.

 

Can’t see the chart? You can find it Here .

 

The HSI has stalled. You can hardly blame the buyers though - after seeing prices jump 10% in about 3 months, their reluctance to keep pushing them up is understandable. They are likely pushing West, as they often do - searching for better prices if less than ideal commutes.

 

Find Your Next Home or Check out the Competition!

 

Only one foreclosure in Medfield, inventory in this town of bank owned properties has been thin for over a year. I don't think Home Sellers in Medfield need to be overly worried. Inventories are at a record low, and pressure remains on prices. But the buyers look like they have found their limit for now.

 

 

Medfield Houses For Sale and Sold Market Statistics - Raw MLS Data

 

  • Medfield “Home Seller Index” (HSI):126 Last Report:125
  • There are 43 homes listed as For Sale in Medfield.

    The sharp rise in Medfield home prices has halted

     this fall- for now.
  • There have been 113 houses sold in the last 6 months, and 56 homes sold in the last 3 months.
  • The Average number of Days on Market was 101 days for just SOLD homes.
  • There is an Average Market Time of 151 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $255 (vs. $252)
  • There was an Average Sold Price of $669,833 for sold homes.
  • Medfield, MA, has 0 properties advertised as lender owned/foreclosure (typically foreclosure) .
  • Medfield has x properties advertised as a short-sale is going to be needed by lender .

 

 

 

*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary.

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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.