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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 Real Estate Sales – July 2010

Welcome to the Medford Real Estate Market Review

Welcome to the Medford Real Estate Market Review

Here’s a quick look back at Medford real estate sales in July 2010

Medford Real Estate On the Market 

On July 31, 2010 188 residential properties were on the market in Medford priced between $159,900 and $1,300,000.  Inventory levels continue to be high relative to last  year when 33% fewer properties were listed for sale at this time of the year.

Medford Real Estate Sales – July 2010

28 properties sold in Medford during July 2010, a significant drop from 2009 when 47 homes sold in July.  The median sales price in July 2010 was $400,000.  Properties that sold had been on the market an average of just 35 days and sold for an average of 97% of the asking price. 

16 single family houses sold in July  for sales prices between $179,000 and $618,000. The median sales price for a single family home was $400,000.  Houses were on the market 36 days on average and sold for an average of 96% of the list price.

condos sold in Medford last month priced between $200,000 and $463,000.  The median condo sales price in July was $283,500.  Condominiums sold for an average of 96% of the list price and were on the market an average of 31 days.

multi-family houses sold during July in Medford for prices from $345,000 to $555,000.   These properties sold for an average of 101% of asking price and were on the market an average of 39 days.

Total value of Medford real estate sales in July 2010 was $10,919,060.

Also see: 

Medford Homes Sold In June 2010 



Information about Medford real estate sales in July 2010 from MLSpin

Categories: Real Estate Market Info

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