Nina Rogoff's Insights on Sharon Real Estate and More!: January 2017

2016 Real Estate Market Comparison in Norfolk County as of Jan 5, 2017

2016 Real Estate Market Comparison in Norfolk County as of Jan 5, 2017

 

Norfolk County, Massachusetts includes 28 communities.

This post focuses on "The Heart of Norfolk County", an area comprised of 7 towns: Dover, Westwood, Norwood,
Canton, Sharon, Walpole and Medfield.

Although most of these towns border at least 3 other towns, they are each very distinct in many ways. 

Here is chart that looks at their 2016 Real estate market performance and shows you how those market results compare to one another.

   MEDFIELD  DOVER  WESTWOOD  NORWOOD  CANTON  SHARON     WALPOLE

NUMBER

OF HOMES

SOLD

     

147

7.5% decr. since 2015

 

      108

36.7% incr. since 2015

        175

3.5% incr. since 2015

       216

2.4% incr. since 2015

     233

19.5 % incr. since 2015

    218

13.5% incr. since 2015

      252

5.4% incr. since 2015

AVGE SQ. FT   2,780   4,173   2,548   1,723   2,416   2,297   2,284
AVGE LIST $

$736,175

3.9% incr. since 2015

$1,223,249

9.2% decr. since 2015

 

$820,243

3.2% incr. since 2015

 

 

$445,753

5.5% incr. since 2015

 

 

$596,531

8.5% incr. since 2015

 

 

$558,670

2% decr. since 2015

 

 

$536,005

5.6% decr. since 2015

 

AVGE SALE $

$719,861

3.7% incr. since 2015

$1,176,229

8.5% decr. since 2015

$802,761

3.2% incr. since 2015

$441,460

5.7% incr. since 2015

$590,938

10.9% incr. since 2015

$550,086

1.7% decr. since 2015

 

$533,002

6.3% decr. since 2015

 

DAYS to OFFER         47       105           60          27       55       41        40
Market Condition 

Sellers' Market - 1.8 months of inventory available.

Balanced Market 5 months inventory available

 

Sellers' Market - 1.9 months of inventory available

 

Sellers' Market  - 29 days of inventory available Sellers' Market - 1 month of inventory available

Sellers' Market - 1.3 months of inventory available

Sellers' Market - 1 month of inventory available

All information is from the Multiple Listing Service Property Information Network. Numbers are rounded to the nearest ones.

To find out what your home is worth in a particular market, call Nina at 781-883-3764 for a complimentary market analysis of your home. 

Happy 2017 New Year

Thinking of selling your home? Call Nina at 781-883-3764

 

Comment balloon 2 commentsNina Rogoff • January 06 2017 05:14AM
2016 Real Estate Market Comparison in Norfolk County as of Jan 5, 2017
share
2016 Real Estate Market Comparison in Norfolk County as of Jan 5, 2017 Norfolk County, Massachusetts includes 28 communities. This post focuses on "The Heart of Norfolk County ", an area comprised of 7 towns: Dover, Westwood, Norwood,… more
Sharon MA Real Estate - 2016 Annual Review
share
Sharon MA Real Estate - 2016 Annual Review How did the Sharon MA Real Estate Market perform in 2016? There were 218 single family homes sold in Sharon MA in 2016, according to the multiple listing service, MLSPIN. This represented the second largest… more
2016 - What Did a 4-Bedroom Colonial Cost in Sharon MA?
share
2016 - What did a 4-Bedroom Colonial Cost in Sharon MA? In this post, I'm spotlighting the cost of 4-bedroom, 2 1/2 bathroom Colonial-style homes that sold in Sharon MA in 2016. There were a total of 37 homes sold in this category. Sale Price ranged… more