May-2022 Town Rankings | The Best Towns to Own Property

How are Sales of Single-Family Home Performing in Your Town Versus Other MetroWest-MA Towns?

By Team Coyle
June 16, 2022

Introduction | May-2022 Town Rankings

If you are like me, you are probably curious to see how your largest and most important asset (i.e., your home) is performing in the current real estate market. Thankfully, Team Coyle, a professional real estate team at Compass, is here to help.

The tables that follow provide homeowners and homebuyers with an inside look to how recent sales of single-family homes have performed across each of the twelve towns in the MetroWest region of MA.

So, if you are thinking about buying or selling a home, please contact Team Coyle today and ask about our free consultation.

Median Sold Price

Median sold price is the mid-point value where the price for half of the closed sales is higher and half is lower.

Avg. Sold Price Per Square Foot

The average sold price is the sum of the sold dollar volume divided by the number of units sold which is divided by the square footage of the property.

Avg. Days on the Market

Average days on Market (DOM) is the median number of days be-tween when a property is listed and the contract date.

List Price Received

List price received or the list to sold price ratio is the sales price divided by the final ask price expressed as a percentage.

# of Closed Sales

Closed sales equals the quantity of properties sold each period.

Months Supply of Inventory (MSI)

MSI is the number of months it would take to sell through the available inventory at the current sales rate.

* Data source: MLSPIN, Domus Analytics 2022. Article published by Team Coyle in the Natick Patch on June 16, 2022.

About Team Coyle @ Compass

Team Coyle is a professional group of real estate agents at Compass with more than ten years of experience helping individuals and families buy and sell real estate in Massachusetts (primarily in the Metro West region).