Monday Morning Market Watch for Medway – 19 October 2009

Currently there are 63 single family homes on the market in Medway. The houses have an average list price of $456,000 and an average market time of 212 days. There are 19 properties available for $300,000 or less. On the upper end of the scale, there are 3 properties listing for $800,000 or more.

Two single family homes came on the market the last week. They are located on Stanley Road and Little Tree Road. They range in price from $359,900 to $525,000.

Two single family homes went under agreement in the last week. One was a 4 bedroom, raised ranch on Mallard Drive. The other was a 4 bedroom colonial on Fisher Terrace.

Three single family homes sold in the past week. The first was a 3 bedroom, ranch on Village Street that sold for $257,500. The next was a 4 bedroom, cape on Coffee Street that sold for $310,000. The last was a 4 bedroom colonial on Iarussi Way that sold for $773,300.

There are currently 8 condos on the market in Medway. The condo average list price is $356,000 with an average price per square foot of $153. Average time on market is 249 days. There was no movement in the condo market in Medway last week.

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 227 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