DOVER, MA : MARKET DATA THROUGH APRIL

April Headlines
Dover
  • Unit sales are down by 60.0%.
  • Days on market is down 44.6% to 243.
  • Median price in April was $1,135,508. This is down 13.5% from $1,312,500 in April of 2014
Nearby Areas You May Be Interested In
  • Days on market in Needham in April was 98. This is up 276.9% from 26 in April of 2014.
  • Unit sales in Wellesley are down by 40.9%.
  • Median price in Wellesley is down 22.7% to $1,189,000.
Changes Favoring Buyers
3 Months Ending April, 2015 % Chg From Apr, 2014
Median Sale Price $1,164,200 -11.3%
Months of Supply 10.6 3.9%
Price per Sq Ft for Sold $303 -2.1%
Listings Under Contract 16 -20.0%
Changes Favoring Sellers
3 Months Ending April, 2015 % Chg From Apr, 2014
Unit Sales 10 11.1%
Inventory 60 -1.6%
Market Time (Days) 229 -28.9%
Sales to List Price Ratio 96.7% 1.5%
New Listings 38 -41.5%
Sales
There were 2 unit sales in April. This is down 60.0% from 5 in April of 2014. Sales/list price ratio in April moved up to 98.6% from 96.3% in March.
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Prices
Median price in April was $1,135,508. This is down 13.5% from $1,312,500 in April of 2014. 3-month median price of $1,164,200 in April was up slightly from $1,063,400 in March but down a little from $1,312,500 in April of 2014. Price per square foot in April was $299. This is down from $304 in March and down from $325 in April of 2014.
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Inventory
Inventory of 66 in April was up 15.8% from 57 in March but down 13.2% from 76 in April of 2014. New listings of 22 in April were up substantially from 9 in March but down somewhat from 29 in April of 2014. Months of supply of 11.5 in April was up considerably from 9.5 in March but down modestly from 12.8 in April of 2014. This is the highest months of supply has been since June, 2014.
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Market Time
Days on market of 243 in April was up slightly from 225 in March but down considerably from 439 in April of 2014.
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Change in Median Sale Price for Single Family Properties YTD From 2014 To 2015 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Cohasset 39.91%
Needham 25.71%
Milton 24.74%
Wrentham 22.67%
Foxborough 17.74%
Brookline 16.88%
Westwood 12.52%
Walpole 11.02%
Medfield 9.44%
Holbrook 9.17%
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