The Medfield Homes For Sale Market Report

Medfield has been cleaned out of almost everything below 900K.  While the larger properties have been sold this year, that has moved the $/per square foot down a bit, but the average sale price has risen noticeably.  Demand has far outstripped supply, resulting in a high HSI, and very confident sellers, who are now asking record prices. 

 

Can’t see the chart? You can find it Here .

What should active home buyers do in Medfield ?

Not much here for bargain hunters.  A small ray of good news - many of the homes still for sale have been on for 4 months or more - and may be looking for offers - even low ones - to do a deal and sell their home.

Find Your Next Home or Check out the Competition!

What should potential home sellers do in Medfield ?

Medfield Houses For Sale and Sold Market Statistics - MLS Data

  • The Medfield “Home Seller Index” (HSI): 229 Last Report:193
  • There are 25 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 115 houses sold, and 93 homes sold in the last 3 months in Medfield.
  • The Average number of Days on Market was 42 days for recently SOLD homes.
  • There is an Average Market Time of 112 days of the Medfield homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged $266 (vs. $276 in the last report)
  • Current home sellers are looking for $ 317 /sq foot
  • There was an Average Sold Price of  $732,569 .
  • Medfield , MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 1 properties advertised as a short-sale is going to be needed by the lender.

All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends. *That means you won’t find it anywhere else. Take that, Case-Schilling!.

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Read my Explanation for Massachusetts Home Data Reports.