The median price of single-family homes and condominiums in Medfield, Massachusetts decreased in August 2011 while sales were flat, according to data compiled using MLS Property Information Network, Inc, a local multiple listing service.
The median price of single-family homes fell 7.2 percent in August 2011 compared to the previous year, a difference of $39,450. Single-family home sales in Medfield, MA rose 7.1 percent in August 2011, a difference of just one sale compared to August 2010.
Condominium sales in Medfield were flat in August 2011, with two sales in both August 2010 and August 2011. The median price of condos fell 24.9 percent in August 2011, a difference of $150,086 compared to the previous August.
There were two multi-family homes sold in Medfield, MA in August 2011, up from zero sales during the same period last year.
Medfield, Massachusetts Real Estate Market Report
Sales / Median Price
August 2010 – 14 / $544,950
August 2011 – 15 / $505,500
August 2010 – 2 / $601,986
August 2011 – 2 / $451,900
August 2010 – 0 / $0
August 2011 – 2 / $392,000
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