Monday Morning Market Watch for Medway – 12 October 2009

Currently there are 65 single family homes on the market in Medway. The houses have an average list price of $469,000 and an average market time of 204 days. There are 17 properties available for $300,000 or less. On the upper end of the scale, there are 4 properties listing for $800,000 or more.

Three single family homes came on the market the last week. The are located on Coffee Street, Holliston Street and Kelley Street.

One single family home went under agreement in the last week. It was a 3 bedroom, 8 room bungalow on Holliston Street. Four other properties were flagged to go under agreement soon.

Two single family homes sold in the past week. One was a 3 bedroom, 7 room colonial on Lincoln Street that sold for $170,000. The other was a 4 bedroom, 8 room colonial on West Street that sold for $427,000.

There are currently 8 condos on the market in Medway. The condo average list price is $357,000 with an average price per square foot of $154. Average time on market is 242 days. One new condo came on the market last week on Pinde Ridge Drive.

There are four multi-families on the market in Medway. Average list price for multi-families is $318,000 with an average time on market of 220 days. There has been no movement in the multi-family market in the last week.

Please give me a call for more information on homes in Medway.

Marian Pierre-Louis
Realtor
Prudential Page Realty
(508) 254-3417