Dedham Real Estate Market Extends Weakening in Home Prices

The Dedham market slowed with a 23.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 26.7 monthly average with 20 homes sold. Meanwhile, close-by Boston reported 466 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $409,000, extending a four-week long spiral. There are only three months of inventory available in Dedham, so it's still a seller's market, despite the falling prices.

Trying to find a home at a bargain price? Take a look at these affordable homes in Dedham:

$179K   $224K   $284K  

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

Demographic facts about Dedham:

  • The population growth rating is 46. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $11.91/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (24.1%), 15-29 min (31.3%), 30-44 min (26.5%), 45-59 min (10.9%), >60 min (7.2%).

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Conway - West Roxbury
14 reviews
Elite Premier Properties
Snapped 2 homes in this area
Coldwell Banker Residential Brokerage - Dedham
Snapped 2 homes in this area

Agents that specialize in this area
1 snap in this area
7 snaps in this area
6 snaps in this area
1 snap in this area
1 snap in this area
4 snaps in this area
1 snap in this area
5 snaps in this area
2 snaps in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.