The Medfield Homes For Sale Market Report
Lovely Medfield is the next stop on our housing data journey. A popular - and pricey - destination for Metrowest housing, we'll see how they've done in the chart below.
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A couple of things here that I do see. First is that the number of homes for sale is down sharply from last year at this time. There really just hasn't been enough coming on to keep the sales moving. So we also see weaker sales at the 3 month mark, as they are sharply less than the late spring months. The fall has been much more subdued, so I expect this is not the last report where we see 3 month sale softness.
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Another element that I see which surprises me a little is that prices are firm. Not only have they not gone up, they may have retreated slightly. Either way, they aren't moving much, which is surprising just because most of the other eastern towns have seen stronger price momentum, but we don't see it here in Medfield.
Medfield Houses For Sale and Sold Market Statistics - Raw MLS Data
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Last of the fall pictures - Time to move to Snow |
- There are 55 homes listed as For Sale.
- There have been 99 houses sold in the last 6 months, and 39 homes sold in the last 3 months.
- The Average number of Days on Market was 107 days for just SOLD homes.
- There is an Average Market Time of 164 days of the homes For Sale (currently for sale).
- The Dollars paid per Square Foot in Medfield is $233 (vs. $236 in the last report )
- There was an Average Sold Price of $656,849 for sold homes.
- Medfield has 0 properties (vs. 0) advertised as lender owned/foreclosure (typically foreclosure) .
- Medfield has 2 properties (vs. 3) advertised as a short-sale is going to be needed by lender .
- Medfield “Home Seller Index” (HSI):104 Last Report: 97
*All statistics are for Single Family Houses and based on data in MLS.
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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.
