Medford MA Real Estate Market Statistics – January 2009 | Centers And Squares

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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 Statistics – January 2009

The Medford Real Estate Numbers for January 2009:

Medford Massachusetts154 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.

7 Medford single families sold in January.  The least expensive sale was for $220,000. The most expensive house sold for $470,000. The median price for a single family house was $400,000.  Average days on market was 31.  Houses sold for an average of 102% of asking price.

condominium sales closed in January. The least expensive condominium sold for $210,000.  The most expensive Medford condo sold in January closed for $389,000.  The median condo sales price was $265,000.  Condos sold for an average of 95% of the asking price.  Average days on market was 84.

multi-family sales closed in January. The lowest sale price for a multi-family was $372,800.  The highest price paid was $450,000. The median sales price was $404,500. Multi-families sold for an average of 98% of list price.  Average days on market was 76.

Total Medford residential real estate sales volume closed in January was $6,209,140.

Information based on residential sales data in MLSpin.

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