Medford Real Estate Market Sees Home Sales Fall

In this week's report, the number of homes sold in the Medford market fell to 62 over the past 30 days, but still above the monthly average. Meanwhile, close-by Boston reported 466 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Medford, and for this period the median sales price slid from $529,000 to $527,000. Despite the slip in sales, a relatively low one month of inventory indicates that Medford is a definite seller's market.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in Medford:

$1.2M   $979K   $860K  

Get started right now by checking out Medford homes for sale or reviewing Medford real estate trends.

Demographic facts about Medford:

  • The population density is 6,934.0 people per square mile.
  • This area has a lifestyle rating of 67. (Scale: 1 = Worst, 100 = Best)
  • 61.9% of the residents commute to work alone in their car, 9.4% via carpool, and 19.9% by way of public transit.

Data reported through 10/13/2016

Comments:

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