HAMPDEN AND MEDFIELD HOUSING MARKET DATA

There was a decrease in total units sold in May, with 31 sold this month in Hampden and Medfield Real Estate, a decrease of 6%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is lower by 1 units or 2%. The total number of active inventory this May was 52 compared to 53 in May 2024. This month's supply remained stable as compared to last month.

Last May, the median sale price for Hampden and Medfield Homes was $310,000. This May, the median sale price was $367,500, an increase of 19% or $57,500 compared to last year. The current median sold price is 10% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.7 months of supply available in Hampden and Medfield. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 45 homes newly listed for sale in Hampden and Medfield compared to 41 in May 2024, an increase of 10%. There were 39 current contracts pending sale this May compared to 31 a year ago. The number of current contracts is 26% higher than last May.

In May, the average sale price in Hampden and Medfield was 112.8% of the average list price, which is higher than at this time last year.

This month, the average number of days on market was 32, higher than the average last year, which was 19. This increase was impacted by the limited number of sales.





FOCUS ON: HAMPDEN AND MEDFIELD HOUSING MARKET			MAY 2025

Zip Code(s): 21211
Units Sold 31	Active Inventory 52	Median Sale Price $367,500	Days On Market 32

No Change Vs. Year Ago	Down -2% Vs. Year Ago	Up 19% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 31 sold this month in Hampden and Medfield Real Estate, a decrease of 6%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is lower by 1 units or 2%. The total number of active inventory this May was 52 compared to 53 in May 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last May, the median sale price for Hampden and Medfield Homes was $310,000. This May, the median sale price was $367,500, an increase of 19% or $57,500 compared to last year. The current median sold price is 10% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 45	Current Contracts 39	Sold Vs. List Price 112.8%	Months of Supply 1.7

Up 10% Vs. Year Ago	Up 26% Vs. Year Ago	Up Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.7 months of supply available in Hampden and Medfield. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 45 homes newly listed for sale in Hampden and Medfield compared to 41 in May 2024, an increase of 10%. There were 39 current contracts pending sale this May compared to 31 a year ago. The number of current contracts is 26% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Hampden and Medfield was 112.8% of the average list price, which is higher than at this time last year. Days on Market This month, the average number of days on market was 32, higher than the average last year, which was 19. This increase was impacted by the limited number of sales.


	Hampden and Medfield are defined as properties listed in zip code/s 21211.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.