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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 Home Sale Report – August 2010

Welcome to the Medford Real Estate Review

Welcome to the Medford Real Estate Review

Here’s a quick look back at Medford home sale activity in August 2010

Medford Real Estate On the Market 

On August 31, 2010 196 residential properties were on the market in Medford priced between $159,900 and $1,300,000.  That’s a large increase in inventory over last year at this time when just 132 homes were listed for sale.

Medford Home Sale Activity – August 2010

34 properties sold in Medford during August 2010 – that’s an increase of more than 20% compared to July’s sales.  The median sales price in August was $330,500.  Properties that sold had been on the market an average of 72 days and sold for an average of 96% of the list price. 

17 single family houses sold in August  for sales prices between $209,000 and $529,900. The median sales price for a single family home was $375,000.  Houses were on the market 42 days on average and sold for an average of 96% of the list price.

15 condos sold in Medford last month priced between $180,000 and $482,000.  The median price was $283,000.  Condominiums sold for an average of 96% of the list price and were on the market an average of 95 days.

Two multi-family houses sold during August for $450,000 to $600,000.   

Total value of Medford home sales in August 2010 was $11,485,913.

Also see: 

Medford Real Estate Sales In July 2010 



Information about Medford home sale activity in August 2010 from MLSpin

Categories: Real Estate Market Info

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