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Dedham, MA Home Sales Decline, Median Home Price Up March 2013

May 25, 2013 8:57:00 AM

Dedham, MA Homes For SaleDedham, Massachusetts home sales declined in March, but the median price of a single-family home increased compared to March 2012, the DedhamPatch reported April 25, 2013. 

The Warren Group, publisher of Banker & Tradesman, provided the data. 

There were 14 single-family home sales in Dedham in March, down from 16 home sales in March 2013. First quarter sales also declined from 42 home sales in 2012 to 34 single-family home sales in the first quarter this year. A lack of inventory is blamed for the decline in home sales in Dedham and throughout Massachusetts.

The lack of inventory put upward pressure on home prices in Dedham, MA. The median single-family home price increased from $335,000 in March 2012 to $347,500 in March 2013. The median price in the first quarter declined slightly from $324,000 in 2012 to $322,500 in 2013.

In Massachusetts, 3,214 homes sold in March 2013, down from 3,100 single-family home sales during the same period last year. The median sale price in the Bay State rose 8.37 percent from $263,000 in March 2012 to $282,500 in March 2013. 

The following is home sale data for other towns around Dedham, Massachusetts. 

  March 2012 Sales March 2013 Sales Q1 Sales 2012 Q1 Sales 2013
Mansfield 12 7 30 26
Norton 10 11 27 24
Easton 9 10 25 33
Attleboro 20 20 48 57
Seekonk 13 14 25 24
Swansea 5 7 30 25
Stoughton 13 13 35 37
Sharon 10 8 31 38
Canton 12 18 27 35
Dedham 16 14 42 34
Norwood 8 13 28 36
Walpole 10 11 35 32
Foxborough 9 12 24 23
Wrentham 7 8 20 21
Norfolk 7 7 16 20
Plainville 4 2 11 10

Dedham, MA Homes For Sale

Single Family / Condo Properties for Sale in Dedham, Massachusetts Between $200,000 - $300,000
Single Family / Condo Properties for Sale in Dedham, Massachusetts Between $300,000 - $400,000
Single Family / Condo Properties for Sale in Dedham, Massachusetts Between $400,000 - $500,000
Single Family / Condo Properties for Sale in Dedham, Massachusetts Between $500,000 - $750,000
Single Family / Condo Properties for Sale in Dedham, Massachusetts Between $750,000 - $1,000,000

Find Massachusetts and New Hampshire Homes For Sale

Topics: Real Estate Market, Community Information, Dedham MA, Massachusetts Relocation

   

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