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Key Metrics 2015 2016 Percent Change Thru 9-2015 Thru 9-2016 Percent Change
Closed Sales 12 15 + 25.0% 116 127 + 9.5%
Medi...
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Norfolk MA Real Estate States for SEPT 2016 by The Greater Boston Real Estate Board

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Norfolk MA Real Estate States for SEPT 2016 by The Greater Boston Real Estate Board

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Norfolk MA Real Estate States for SEPT 2016 by The Greater Boston Real Estate Board

  1. 1. Key Metrics 2015 2016 Percent Change Thru 9-2015 Thru 9-2016 Percent Change Closed Sales 12 15 + 25.0% 116 127 + 9.5% Median Sales Price* $512,500 $497,000 - 3.0% $502,500 $497,000 - 1.1% Inventory of Homes for Sale 60 49 - 18.3% -- -- -- Months Supply of Inventory 5.2 3.7 - 28.8% -- -- -- Days on Market Until Sale 77 97 + 26.0% 90 91 + 1.1% Percent of Original List Price Received* 97.3% 94.1% - 3.3% 97.9% 96.5% - 1.4% New Listings 19 15 - 21.1% 183 168 - 8.2% Pending Sales 7 13 + 85.7% 124 134 + 8.1% * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. Key Metrics 2015 2016 Percent Change Thru 9-2015 Thru 9-2016 Percent Change Closed Sales 1 1 0.0% 12 9 - 25.0% Median Sales Price* $485,000 $412,500 - 14.9% $454,950 $425,000 - 6.6% Inventory of Homes for Sale 4 4 0.0% -- -- -- Months Supply of Inventory 2.3 2.7 + 17.4% -- -- -- Days on Market Until Sale 42 126 + 200.0% 104 52 - 50.0% Percent of Original List Price Received* 97.0% 96.2% - 0.8% 100.4% 95.9% - 4.5% New Listings 2 1 - 50.0% 15 13 - 13.3% Pending Sales 1 1 0.0% 10 8 - 20.0% * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. A RESEARCH TOOL PROVIDED BY THE GREATER BOSTON ASSOCIATION OF REALTORS® Local Market Update for September 2016 Norfolk September Year to Date September Year to DateSingle-Family Homes Condominiums Current as of October 16, 2016. All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Report © 2016 ShowingTime. Norfolk — Norfolk — All MLS —All MLS — A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. $200,000 $300,000 $400,000 $500,000 $600,000 Jan 2008 Jan 2010 Jan 2012 Jan 2014 Jan 2016 Rolling 12-Month Calculation $200,000 $300,000 $400,000 $500,000 $600,000 Jan 2008 Jan 2010 Jan 2012 Jan 2014 Jan 2016 Rolling 12-Month Calculation Median Sales Price - Single-Family Homes Median Sales Price - Condominiums

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