According to the 2019 Profile and Home Buyers and Sellers conducted by the National Association of Realtors®; home sellers in 2019 owned their homes for 10 years on average.  The chart below exhibits 10 year trends for Condominium and Single Family average sale prices in Medford, MA from 1999 – 2009 and 2009 – 2019:

Medford Condominium:  Average Sale Price 10 Year Trends

1999 – 2009

  • Average sale price for Medford Condo in 1999 was $145,350
  • Average sale price for Medford Condo in 2009 was $289,908
  • From 1999 to 2009 the average sale price for Medford Condominiums increased 99%

2009 – 2019

  • Average sale price for Medford Condo in 2009 was $289,908
  • Average sale price for Medford Condo in 2019 was $551,785
  • From 2009 to 2019 the average sale price for Medford Condominium increased 90%

Read more about Medford MA Condominium Market Statistics 

Medford Single Family:  Average Sale Price 10 Year Trends

1999 – 2009

  • Average sale price for Medford Single Family in 1999 was $234,450
  • Average sale price for Medford Single Family in 2009 was $349,788
  • From 1999 to 2009 the average sale price for Medford Single Family increased 49%

2009 – 2019

  • Average sale price for Medford Single Family in 2009 was $349,788
  • Average sale price for Medford Single Family in 2019 was $655,070
  • From 2009 to 2019 the average sale price for Medford Single Family increased 87%

Read more about Medford MA Single Family Market Statistics

Tamela Roche, Realtor

Ready to Buy or Sell?  Contact Tamela for a Home Buyer or Home Seller Consultation to gain a better understanding of your rights as a home buyer or home seller in MA, the overall purchase and sale timeline, how to protect your negotiating position, and an overview of fair market value (Buyers) & estimated market value of your home (Sellers).

To ensure your best interests are always represented, hire a reputable, proven Realtor® who provides undivided loyalty working only with and for you as the Buyer or Seller.

 

 

 

 

©2020 Tamela Roche, all rights reserved.  Data Source:  MLS Property Information Network, Inc.