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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.

The Mid-Year Mark – Medford MA Real Estate Market Activity – June 2009

Medford MassachusettsHalf 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.

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Information about the Medford real estate market in June 2009 was based on data in MLSpin

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