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As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

Medford Real Estate Sold In May 2010

Welcome to the Medford Real Estate Sold Report

Welcome to the Medford Real Estate Sold Report

Here’s a quick look back at the Medford real estate sold in May 2010.  Keep in mind that sales that closed in May were properties that went under agreement on average 6 – 8 weeks before while it was possible to qualify for the homebuyer credit. May and June sales are likely to reflect a sizable bump from the credit.

Real Estate On the Market in Medford

On May 31, 2010 160 Medford properties were on the market priced between $180,000 and $859,000. These properties had been on the market an average of 106 days.

Medford Real Estate Sold In May 2010

40 homes sold in Medford during May 2010.  The median sales price was $340,063.  Properties had been on the market an average of 83 days and sold for an average of 97% of the asking price.

17 single family houses sold in May  for sales prices between $245,000 and $515,000. The median sales price for a single family home was $338,000.  Houses were on the market 78 days on average and sold for an average of 98% of the asking price.

20 condos sold in Medford last month priced between $168,000 and $459,000.  The median condo sales price was $317,000.  Condominiums sold for an average of 97% of the list price and were on the market an average of 89 days.

Just 3 multi-family houses sold during May in Medford for $399,000, $440,000 and $455,000.   The properties sold for an average of 97% of asking price.  Average days on market was 74. 

Total value of Medford real estate sold in May was $13,767,325.

Also see: 

Medford MA Real Estate Market – April 2010 



Information about the Medford real estate sold in May 2010 from MLSpin

Categories: Real Estate Market Info

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