Massachusetts Home Buyer Guide

Marshfield, MA Home Prices Drop, Sales Up In 2009

From 2007 to 2009 the median price of single-family homes in Marshfield, Massachusetts dropped each year.

Compared to the highpoint in 2007 ($409,500) the median price dropped 18.7 percent in 2009, a drop of $76,500. Compared to 2008 the median price in 2009 was down 12.35 percent.

The number of single-family homes sold in Marshfield, MA over the past three years has risen each year. Compared to 2008, sales went up by 9.2 percent in 2009, but were still 6.6 percent lower than the sales seen in 2006.The largest drop in sales was seen in 2007 when homes sales plunged 43 percent compared to 2006.

Over the past four year homes in Marshfield spent the least amount of time on the market in 2006. Compared to 2006 homes spent 4.1 percent more time on the market in 2009. In 2007 homes spent the most time on the market, 9.2 percent more time than in 2009.

The data come from MLS Property Information Network, Inc.

Marshfield, MA Real Estate Market Data

	Median Price	Number of Sales	Days on the Market
2006	$404,500	228	146
2007	$409,500	130	166
2008	$379,900	195	161
2009	$333,000	213	152

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Marshfield, MA Median Home Prices, Sales Decline

Single-family homes sold in Marshfield, MA between January 1st and September 30th in 2009 had a median price of $320,000, a decrease of 15.8 percent compared to the same period in 2008, which had a median price of $380,000. From 2007 to 2008 there was an 8.4 percent decrease in median price and from 2006 to 2007 a small increase.

During the nine-month period of 2009 in Marshfield, Massachusetts there was a 3.7 percent decrease in sales (129) compared to the 134 sales in 2008. From 2007 to 2008, sales went from 170 to 134, a 21.2 percent decrease. This was following an approximate 7.6 percent increase from January through September of 2006 compared to the same time period of 2007.

The average number of days a single-family home stayed on the market in first nine months of 2009 fluctuated throughout the past four years. In 2009, the average number of days on the market was 180 days, a 15.38 percent increase from the 2008 average of 156 days on the market.

The data come from MLS Property Information Network, Inc.

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Marshfield, MA Real Estate Market Data

	Median Price	Number of Sales	Days on the Market
Jan-Sept 2006	409,250	158	136
Jan-Sept 2007	415,000	170	170
Jan-Sept 2008	380,000	134	156
Jan-Sept 2009	320,000	129	180