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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 Homes Sold In June 2010

Welcome to the Medford Real Estate Report

Welcome to the Medford Real Estate Report

Here’s a quick look back at Medford real estate sold in June 2010

Medford Real Estate On the Market 

On June 30, 2010 194 Medford homes were on the market priced between $159,900 and $1,300,000.  Inventory level bears watching – that’s a significant increase – more than 20% – over this time last year when just 157 properties were listed for sale.

Medford Homes Sold In June 2010

51 homes sold in Medford during June 2010.  The median sales price was $380,000.  Properties had been on the market an average of 64 days and sold for an average of 99% of the list price.  Medford didn’t seem to get a homebuyer credit bump this month – fewer houses sold this June than did in 2009 when 56 properties sold.

23 single family houses sold in June  for sales prices between $170,000 and $535,000. The median sales price for a single family home was $382,000.  Houses were on the market 56 days on average and sold for an average of 98% of the asking price.

21 condos sold in Medford last month priced between $178,000 and $490,000.  The median condo sales price was $347,000.  Condominiums sold for an average of 97% of the list price and were on the market an average of 78 days.

multi-family houses sold during June in Medford for $323,900 to $635,000.   Six of the seven sold for between 96% and 101% of asking price.  One two-family – a fixer-upper on Winthrop Street – sold for an eye popping  157% of asking price.  The house sold for an even $500,000 after coming on the market with an asking price of $319,000.  Difficult as it can be to believe, higher prices are often achieved when the asking price is set low.  

Total value of Medford homes sold in June 2010 was $19,342,988.

Also see: 

Medford Real Estate Sold In May 2010 



Information about the Medford homes sold in June 2010 from MLSpin

Categories: Real Estate Market Info

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