April Headlines
- Unit sales in Norfolk are up 100.0% to 12.
- Unit sales in Canton in April were 14. This is up 75.0% from 8 in April of 2014.
- Inventory in Canton is up by 34.7%.
| Changes Favoring Buyers | ||
| 3 Months Ending | April, 2015 | % Chg From Apr, 2014 |
| Unit Sales | 42 | -4.5% |
| Median Sale Price | $384,500 | -8.2% |
| Market Time (Days) | 85 | 28.8% |
| Sales to List Price Ratio | 97.3% | -1.1% |
| Changes Favoring Sellers | ||
| 3 Months Ending | April, 2015 | % Chg From Apr, 2014 |
| Inventory | 56 | -15.2% |
| Months of Supply | 2.7 | -10.5% |
| Price per Sq Ft for Sold | $256 | 4.3% |
| New Listings | 89 | -10.1% |
| Listings Under Contract | 63 | 12.5% |
Sales
There were 19 unit sales in April. This is down 5.0% from 20 in April of 2014. Sales/list price ratio in April moved down to 96.7% from 98.6% in March.
Prices
Median price in April was $410,000. This is down 12.7% from $469,750 in April of 2014. 3-month median price of $384,500 in April was down marginally from $396,000 in March and down a little from $418,750 in April of 2014. Price per square foot in April was $258. This is up from $248 in March and up from $245 in April of 2014.
Inventory
Market TimeInventory of 73 in April was up 58.7% from 46 in March but down 5.2% from 77 in April of 2014. New listings of 53 in April were up substantially from 27 in March and up somewhat from 44 in April of 2014. Months of supply in April was 3.5, unchanged from the same month last year. This is the highest months of supply has been since October, 2014.
Market Time
Days on market this month is 83, the same as last month.
| 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% |
Selling The Suburbs 