Massachusetts Home Buyer Guide

In October 2013, the median price of a single-family home in Wrentham, Massachusetts skyrocketed by 89.58 percent compared to October 2012, according to data tracked by The Warren Group, publisher of Banker & Tradesman.

The median price for a single-family home in Wrentham in October 2013 increased to $455,000 from $240,000 in October 2012. Through October 2013, the median price jumped 34.30 percent compared to the same period in 2012. During the first ten months of 2013, the median price stood at $406,250 compared to $302,500 for a single-family home during the same ten-month period in 2012. 

Home sales in Wrentham increased 37.5 percent in October to 11 sales, up from eight home sales in October 2012. January through October, homes sales increased 1.08 percent compared to the first ten months of 2012. There were 93 single-family home sales January through October in 2012, and 94 sales during the same period this year. 

From January through October of this year, the median condo price increased 22.45 percent from the same period in 2012, from $171,500 to $210,000.

There was one condo sale during both October 2012 and October 2013. Although October sales were flat, condominium sales in Wrentham decreased 20 percent from January through October of 2013. There were eight condominiums sold, down from 10 condos sold during the same period last year.

Like many cities and towns in Massachusetts, inventory of single-family homes in Wrentham has declined. The number of homes on the market in October decreased more than 40 percent from 86 homes on the market last October to 51 homes on the market in October 2013, according to the Massachusetts Association of Realtors. The number of condominiums on the market increased from three in October 2012 to seven in October 2013.