Home sale prices up by 13.4% last year

The Newton Needham Chamber of Commerce newsletter today reports that the number of real estate hose sales were up a lot last year, just not in Medfield, however Medfield prices appear to have risen 13.4% last year, perhaps because there were not enough houses for sale in town, given the demand. The 2020 median single family home sale price was $805,000.


Home sales hit 16-year high

More single-family homes were sold last year in Massachusetts than in any other year since 2004, despite a once-in-a-century pandemic that threatened the financial security of thousands of residents and dramatically changed the process of buying and selling a home, reports Colin A. Young at State House News.

There were 61,469 single-family home sales in 2020 — a 3.9 percent increase over the sales total of 2019, according to The Warren Group. And December 2020 saw 6,410 single-family home sales in Massachusetts — the most ever recorded for the month and up 28.6 percent from December 2019.

Town by town stats are here.

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