Real Estate Update with Dan Tucci

This is the first in a series of occasional pieces by Medford Realtor Dan Tucci. Tucci lives in Medford.

As of November 19, 2008 here is the status of the Real Estate market in Medford.

Currently, there are 61 single family homes on the MLS (Multiple Listing Service) in Medford. They range from $185,900 to $769,000.

Currently, there are 81 condos on the MLS in Medford Mass. They range from $159,900 (Riverside Ave.) to $673,900 ( Station Landing).

On the Multi-Family front, there are 55 properties on the MLS in Medford. The lowest priced two-family starts at $199,500 (round robin auction) and the highest multi on the MLS is on for $995,000.

There are currently four parcels of land in Medford for sale on the MLS.They range from $260,000 (Capen St.) to $4,900,000 (Middlesex Ave.). This is 6.53 acres of Industrial Zoned land.

Under Agreement Properties
Single Family Homes: 35 Average List Price: $366,864 Average Market Time: 55.26
Condos: 14 Average List Price: $328,614 Average Market Time: 78.71
Multi-Family Homes: 28 Average List Price: $409,040 Average Market Time: 113.54 S

Sold Properties: last 6 months
Single Family Homes: 133 Average Sale Price: $381,118 Average Market Time: 86.12
Condos: 91 Average Sale Price: $309,257 Average Market Time: 138.16
Multi-Family Homes: 54 Average Sale Price: $392,415 Average Market Time: 99.43

To request a showing of any of these Medford properties please contact Dan Tucci, a lifelong Medford resident and REALTOR®.