This month’s market snapshot features 2019 first quarter breakdowns for 5 suburban towns.
Interest rates for a 30 year fixed rate mortgage have dipped from 4.51% in the beginning of January to 4.08% (according to bankrate.com 4/1/2019)making this spring full of opportunities for both buyers and sellers.
Compared with the first quarter of 2018, there have been more single family homes sold in Q1 2019 in all of these towns below, except Franklin. Also, the average days for a property to receive an offer has increased for these particular towns from a year ago.
Check out Q1 2018 stats for the same towns below:
➡️Walpole-avg 💲single family $632,500
~33 Single Family🏡sold~43 days to offer~
➡️Medfield-avg 💲single family $695,109
~19 Single Family🏡sold~45 days to offer~
➡️Franklin-avg 💲single family $484,598
~52 Single Family🏡sold~41 days to offer~
➡️Hopkinton-avg 💲single family $619,257
~29 Single Family🏡sold~44 days to offer~
➡️Wrentham-avg 💲single family $445,184
~22 Single Family🏡sold~44 days to offer~