Monday Morning Market Watch for Medway, MA – 06/07//2010

Medway, Massachusetts

It was the end of the month so that means lots of sales. Medway had quite a few sales but not too much activity in other areas. Hopefully June will continue to be a strong month for home sales before the summer slowdown begins.

Single Family Homes

Currently there are 59 single family homes on the market in Medway, Massachusetts. The houses have an average list price of $456,000 and an average market time of 140 days. There are 15 properties available for $300,000 or less. On the upper end of the scale, there are 6 properties listing for $700,000 or more.

New Listings

No new single family homes came on the market in the last week.

Under Agreement

One property went under agreement. It is a 4 bedroom, 10 room colonial on Clark Street. One other property was flagged to go under agreement soon.

Sold

Four single family properties sold in the last week in Medway:

Historic and Antique Homes

There are 12 properties in Medway currently for sale that were built before 1900 (all dates are according to public record). The oldest property was built in 1780 and the rest range between that and 1895. One of the properties is a stunning Greek Revival built in 1836. Another is a lovely Victorian built in 1860. A beautiful mansard built in 1880 and newly renovated rounds out the showpieces. The rest of the properties are for the most part what we would consider vernacular gable-end village colonials. Older homes tend to have more bedrooms which in this day and age are convenient as home offices or guests rooms. A number of these properties have 5 bedrooms and one even has 6 bedrooms. Two of the properties have a barn.

Condos

There are currently 13 condos on the market in Medway. The condo average list price is $304,000 with an average price per square foot of $168. Average time on market is 131 days.

Multi Families

There are 5 multi-families on the market in Medway. Average list price for multi-families is $275,000 with an average time on market of 304 days.

For current general news about Medway check the Millis & Medway Local Town Pages or the Milford Daily News.

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