Medfield, MA Housing Market Statistics Overview
What looks like a steady-as-she-goes report for Medfield is a bit deceiving. As we've noted in a few other towns, this time of year there can be a quick change in the numbers. A glance at the pending homes sales shows 20 of the 77 active properties are already under agreement, and that means big changes will be happening in this report going forward. It wouldn't surprise me at all to see the HSI jump above 90 at that time. So with that said, buyers should be acutely aware that there are buyers very actively working the market, and sellers should be aware that if they haven't had an offer in 45 days, they are probably priced too high, or need to resolve some issues. Make no mistake, buyers are making offers in Medfield. Prices look stable!
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Foreclosures continue to be non-existing in Medfield, and Medfield short-sales are similarly in short supply, and shrinking, not growing. Other than that tidbit, no news on the bank impacted homes for sale in Medfield.
Medfield, MA Housing Market Statistics - Raw MLS Data
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Looking for house keys in Medfield? Buyers should be aggressive - or that house you like will go to someone else. |
- There are 77 homes (vs. 57 in the last Medfield homes for Sale Report) listed as For Sale.
- There have been 79 houses sold (vs. 66) in the last 6 months, and 51 homes sold (vs. 38) in the last 3 months.
- There was an Average Market Time of 138 days for just SOLD homes.
- There is an Average Market Time of 131 days of the homes For Sale.
- The Dollars paid per Square Foot in Medfield is $226 (vs. $226)
- There was an Average Sold Price of $592,628 for sold homes.
- Medfield has 0 properties (vs. zero) advertised as lender owned/foreclosure (typically foreclosure) .
- Medfield has 3 properties (vs. 4) advertised as short sale is going to be needed by lender .
- Medfield, MA “Hot Seller Index” (HSI): 83 Last Report: 79
*All statistics are for Single Family Houses and based on data in MLS.
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.
