Monday Morning Market Watch for Medway – 26 October 2009

Currently there are 63 single family homes on the market in Medway. The houses have an average list price of $452,000 and an average market time of 215 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 Old Summer Street and Colonial road. They range in price from $349,900 to $359,000.

One single family home went under agreement in the last week. It was a 5 bedroom, colonial on Deerfield Road.

Three single family homes sold in the past week. The first was a 4 bedroom colonial on North Street that sold for $285,000. The next was a 4 bedroom colonial on Florence Street that sold for $362,500. The last was a 4 bedroom colonial on Cedar Farms Road that sold for $610,000.

There are currently 9 condos on the market in Medway. The condo average list price is $333,000 with an average price per square foot of $156. Average time on market is 229 days. One new condo came on the market last week in Medway. It is a 1 bedroom unit in a big victorian house on Mechanic Street.

There are five multi-families on the market in Medway. Average list price for multi-families is $300,000 with an average time on market of 194 days. A two-family home on Barber Street came back on the 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