A review of 2011 sold statistics in Medway through end of August shows the range of home prices ranged from $72k ( a small condo at Sanford Mills) to $1.3 Million ( a sprawling beautiful home at Applegate - the new development off of Ellis Street by Unique Homes).
The statistics also show that 97 homes have sold since the start of the year and that the average sale price in town in that time frame is $344k. You may find this next piece of data interesting. 2005 is considered the height of the market. Homes were selling like perverbial hot cakes as they say. Guess how many homes sold between January and August 2005 - 97! The exact same number as in 2011! The average sale price has dropped approx $120k in that same time frame - But homes are selling - and in this example (2011 to 2005) we are neck in neck with 2005 for the number of homes sold!
To get a copy of this report, please feel free to go to my website and download it under "OnLine Reports".
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