Northfield Real Estate Market Update September 2018


Real Estate In Northfield is a very strong buyers market with very large inventory and a low amount of buyers. There is a 10.13 months supply of inventory on the market in Northfield on September 30, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Northfield last month was 97 days.
It took on average 8 days to sell Northfield Condo, Townhouse or a Duplex.
The number of home sales in Northfield from August 1, 2018 through August 31, 2018 was 8 units. That is 1% above the number of homes sold last month in Northfield.

The average price per square foot in the area is now $160/Sq.Ft, which is 20% a decline from last month.



In Northfield there were 2 units sold in August in the price range between $300,000 – $501,875 with an average of 2.5 bedrooms and 1.6 bathrooms and average Square footage of 1,614SF.

In Northfield there were 4 units sold in August in the price range between $501,876 – $931,874 with an average of 3.8 bedrooms and 2.6 bathrooms and average Square footage of 2,710SF.

In Northfield there were 2 units sold in August in the price range between $931,875 – $1,160,000 with an average of 4.5 bedrooms and 4.1 bathrooms and average Square footage of 3,540SF.

The middle price range had the most activity. Homes up to $931,874 were on the market on average 62 days and sold an average of $721,250.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Northfield. Search all Northfield homes for Sale on propertyup.com If you are considering viewing Northfield, you may want to do so now!

Northfield
Jul 1, 2018 – Jul 31, 2018
Aug 1, 2018 – Aug 31, 2018
Month
July
August
Average Listing Price
$685,000
$1,182,217
Median Sales Price
$539,500
$703,750
Month supply of inventory
2
10.1
Market Time Detached
0 days
97 days
Market Time Attached
65 days
8 days
Inventory
1 properties
96 properties
Low price range
$527,000 – $533,250
$300,000 – $501,875
Low price range market time
103 days
172 days
Low price range units sold
0
2
Low price range bedrooms
2
2.5
Low price range bathrooms
2
1.6
Low price range approx sqft
0 SF
1,614 SF
Mid price range
$533,251 – $545,749
$501,876 – $931,874
Mid price range market time
0 days
62 days
Mid price range units sold
0
4
Mid price range bedrooms
0
3.8
Mid price range bathrooms
0
2.6
Mid price range approx sqft
0 SF
2,710 SF
High price range
$545,750 – $552,000
$931,875 – $1,160,000
High price range market time
27 days
48 days
High price range units sold
1
2
High price range bedrooms
2
4.5
High price range bathrooms
2.1
4.1
High price range approxsqft
0 SF
3,540 SF

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source http://realestatevibe.com/northfield-real-estate-market-update-September-2018/

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