Centers And Squares
The Mid-Year Mark – Medford MA Real Estate Market Activity – June 2009
Half the year has flown by – here’s the sixth installment of Medford MA Real Estate Market reports.
Medford Real Estate – On Market Snapshot
On June 30, 2009 160 residential propertieswere on the market in Medford Massachusetts. Asking prices ranged from $139,900 to $1,200,000. Average days on market was 112. The median price of homes for sale in Medford was $354,450.
June 2009 Real Estate Sales in Medford MA
56 properties sold in Medford in June with an average sales price of $339,622. The median sales price was $324,250. Average days on market was 79. Homes sold for an average of 97% of asking price.
26 Medford single family homes sold in June. The least expensive sale was for $259,300. The most expensive sale price was $539,000. The median sale price for a single family home was $350,500. Average days on market was 70. Homes sold for an average of 97% of asking price.
There were 20 condo sales in Medford in June. The least expensive price paid for a condo was $127,500. The most expensive Medford condo sold in June for $488,500. The median condominium sales price was $287,500. Condominiums sold for an average of 96% of the asking price. The average days on market was 103.
10 multi-families sold in June in Medford MA. Multi-family homes sold for an average of 96% of list price. The lowest price paid for a multi-unit property was $270,000. The highest sale price was $433,000. The median price paid was $340,000. Average days on market was 55.
Total Medford residential real estate sales volume closed in June was $19,018,811.
Information about the Medford real estate market in June 2009 was based on data in MLSpin
Medford Real Estate Market in May 2009
Time to take a look at the Medford Real Estate Market in May 2009.
Medford Real Estate – On Market Snapshot
134 residential properties were on the market in Medford on May 31, 2009. The least expensive home was listed for $139,900, the most expensive for $950,000. Average days on market was 112. The median price of homes for sale in Medford was $369,900.
Real Estate Sales in Medford MA in May 2009
46 properties sold in Medford in May with an average sales price of $313,424 – an increase over April’s sales of more than 30%. The median sales price was $290,000. Average days on market was 120. Homes sold for an average of 95% of asking price.
17 Medford single family homes sold in May. The least expensive sale was for $175,000. The most expensive house sold for $535,000. The median price for a single family house was $320,000. Average days on market was 100. Homes sold for an average of 96% of asking price.
There were 21 condominium sales in Medford in May. The least expensive condo sold for $105,000. The most expensive Medford condo sold in May for $455,000. The median condominium sales price was $243,000. Condos sold for an average of 95% of the asking price. Average days on market was 133.
8 multi-family properties sold in May. Multi-family homes sold for an average of 94% of list price. The lowest price paid for a multi-unit house was $290,000. The highest sale price was $535,000. The median sales price was $425,000. . Average days on market was 127.
Total Medford residential real estate sales volume closed in May was $14,417,500.
Information about the Medford real estate market in May 2009 was based on data in MLSpin
Medford Real Estate Market – April 2009
Here’s a look at Medford real estate market at the end of April and a review of Medford real estate sales activity in April 2009.
Medford Real Estate – On Market Snapshot
134 residential properties were on the market in Medford on April 30, 2009. Medford is one of the few communities where more property is going off the market than is coming on. The lowest priced property was listed for $125,000, the most expensive for $950,000. Average days on market was 131. The median price of residential property listed for sale was $349,900.
Real Estate Sales in Medford MA in April 2009
35 properties sold (closed) in Medford during April with an average sales price of $315,903. The median sales price was $300,000. Average days on market was 111. Properties sold for an average of 98% of asking price.
16 Medford single families homes sold in April. The least expensive sale was for $105,000. The most expensive house sold for $445,000. The median price for a single family house was $299,950. Average days on market was 121. Houses sold for an average of 96% of asking price.
12 condominium sales closed in April. The least expensive condominium sold for $195,400. The most expensive Medford condo sold in April closed for $570,000. The median condo sales price was $279,450. Condos sold for an average of 96% of the asking price. Average days on market was 117.
7 multi-family sales closed in April. Multi-families sold for an average of 115% of list price! That was because many of the mult-family sales were foreclosures that sold for significantly more than the asking price. The lowest sale price for a multi-family home was $252,000. The highest price paid was $560,000. The median sales price was $333,000. . Average days on market was 78.
Total Medford residential real estate sales volume closed in April was $11,056,600.
Information based on residential sales data in MLSpin
Medford MA Real Estate Market – March 2009
Real Estate Market in Medford MA
March sales figures reflect real estate activity in Medford in January and February because real estate transactions in Massachusetts typically take six to eight weeks from offer to closing. Here are the real estate numbers for Medford, MA in March:
140 residential properties were on the market in Medford on March 31, 2009. The lowest priced property was listed for $125,000, the most expensive for $950,000. Average days on market was 138.
Real Estate Sales in Medford MA in March 2009
30 properties sold (closed) in Medford during March with an average sales price of $310,185. The median sales price was $310,500. Average days on market was 111. Properties sold for an average of 96% of asking price.
11 Medford single families homes sold in March. The least expensive sale was for $155,000. The most expensive house sold for $443,000. The median price for a single family house was $326,000. Average days on market was 106. Houses sold for an average of 96% of asking price.
11 condominium sales closed in March. The least expensive condominium sold for $165,000. The most expensive Medford condo sold in March closed for $380,000. The median condo sales price was $222,250. Condos sold for an average of 96% of the asking price. Average days on market was 120.
8 multi-family sales closed in March. The lowest sale price for a multi-family home was $295,000. The highest price paid was $560,000. The median sales price was $355,000. Multi-families sold for an average of 97% of list price. Average days on market was 108.
Total Medford residential real estate sales volume closed in March was $9,305,550.
Information based on residential sales data in MLSpin
Medford By The Numbers – The Medford Real Estate Market February 2009
The Medford Real Estate Numbers for February 2009:
February sales figures reflect real estate activity in December and January since real estate transactions in Massachusetts typically take six to eight weeks from offer to closing. Here are the numbers for Medford, MA in February:
149 residential properties were on the market in Medford on February 28, 2009. The lowest priced property was listed for $138,000, the most expensive for $995,000. Average days on market was 147.
23 properties sold (closed) in Medford during February with an average sales price of $344,952. The median sales price was $380,650. Average days on market was 62. Properties sold for an average of 98% of asking price.
8 Medford single families homes sold in February. The least expensive sale was for $210,000. The most expensive house sold for $575,000. The median price for a single family house was $317,500. Average days on market was 91. Houses sold for an average of 98% of asking price.
6 condominium sales closed in February. The least expensive condominium sold for $164,000. The most expensive Medford condo sold in February closed for $462,500. The median condo sales price was $278,500. Condos sold for an average of 96% of the asking price. Average days on market was 88.
9 multi-family sales closed in February. The lowest sale price for a multi-family home was $315,895. The highest price paid was $420,000. The median sales price was $345,000. Multi-families sold for an average of 92% of list price. Average days on market was 148.
Total Medford residential real estate sales volume closed in February was $7,706,708.
Information based on residential sales data in MLSpin.
Medford MA Real Estate Market Statistics – January 2009
The Medford Real Estate Numbers for January 2009:
154 properties were on the market in Medford, Mass. on January 31, 2009. The lowest priced property was listed for $138,000, the most expensive for $995,000. Average days on market was 156.
18 properties sold (closed) in Medford during January with an average sales price of $344,952. The median sales price was $380,650. Average days on market was 62. Properties sold for an average of 98% of asking price. Medford single family sales were particularly strong. Read the rest of this entry »
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