 |
|
 |
|
| FOCUS ON: HAMPDEN AND MEDFIELD HOUSING MARKET |
SEPTEMBER 2025 |
|
| Zip Code(s): 21211 |
Units Sold
19 |
Active Inventory
44 |
Median Sale Price
$320,000 |
Days On Market
23 |
|
|
|
|
|
Down -30%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -30%
Vs. Year Ago |
|
|
|
|
Units Sold
There was a decrease in total units sold in September, with 19 sold this month in Hampden and Medfield Real Estate versus 27 last month, a decrease of 30%. This month's total units sold was lower than at this time last year, a decrease of 30% versus September 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is lower by 3 units or 6%. The total number of active inventory this September was 44 compared to 47 in September 2024. This month's total of 44 is lower than the previous month's total supply of available inventory of 59, a decrease of 25%.
|
|
|
|
Median Sale Price
Last September, the median sale price for Hampden and Medfield Homes was $310,000. This September, the median sale price was approximately the same at $320,000. The current median sold price is 3% higher than in September 2024.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
22 |
Current Contracts
27 |
Sold Vs. List Price
98.0% |
Months of Supply
2.3 |
|
|
|
|
|
Down -42%
Vs. Year Ago |
Up 35%
Vs. Year Ago |
Down -3.4%
Vs. Year Ago |
Up 33%
Vs. Year Ago |
|
|
|
|
Months of Supply
In September, there was 2.3 months of supply available in Hampden and Medfield, compared to 1.7 in September 2024. That is an increase of 33% versus 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 22 homes newly listed for sale in Hampden and Medfield compared to 38 in September 2024, a decrease of 42%. There were 27 current contracts pending sale this September compared to 20 a year ago. The number of current contracts is 35% higher than last September.
|
|
|
|
Sale Price to List Price Ratio
In September, the average sale price in Hampden and Medfield was 98.0% of the average list price, which is 3.4% lower than at this time last year.
Days on Market
This month, the average number of days on market was 23, lower than the average last year, which was 33, a decrease of 30%.
|
|
|
 |
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. |