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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 MA Real Estate Market – Nov 2010

Welcome to the Medford Real Estate Report

Welcome to the Medford Real Estate Report

Here’s how the Medford MA real estate market  fared in November 2010. 

Medford MA Real Estate On the Market 

On November 30, 2010 171 Medford MA properties were on the market  for asking prices from $134,995 to $1,300,000.  That’s a significant increase – just over 40% – from last year at this time when 121 homes were listed for sale.

Medford MA Real Estate Market – November 2010

47 homes sold in Medford in November 2010.  Properties sold had been on the market 80 days on average and sold for an average of 97% of the list price.  The median sales price in November 2010 was $345,000.

21 single family houses sold in November for sales prices between $210,000 and $615,000. The median sales price for a single family house was $340,000.  The houses that sold were on the market an average of 97 days and sold for an average of 98% of the seller’s asking price.

14 condos sold in Medford MA in November priced between $180,000 and $454,500.  The median sales price was $286,000.  Condominiums sold for an average of 96% of the list price and average days on market was 45.

12 multi-family properties sold last month for sales prices from $302,000 to $525,000.  The median price paid was $416,000.  Multi-families sold for an average of 97% of the asking price.  Average days on market for these properties was 88.   

Total value of Medford MA real estate market activity in November 2010 was $17,105,550.

Also see: 

Medford MA Home Sales October 2010 



Information about the Medford MA real estate market in November 2010 from MLSpin

Categories: Real Estate Market Info

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