- 2017 $2,000,000+ sales were at record levels
- Number of properties sold Q1 through Q3 was 12% above the same period in 2016.
- The top sale in Norfolk County so far in 2017 was $6,600,000 for 181 Clyde St. in Brookline
- LandVest’s markets continue to improve in volume, turnover, and with significant record sales. Special properties, expertly presented to a broad market with strong value propositions, are well received
In Norfolk County, there were 193 high-end listings in the 3rd quarter 2017, up from 157 during the same period in 2016.
The 160 sales of $2 million+ properties through Q3 of 2017 exceeded all previous records. The previous Q3 record was 147 sales in 2016. The average number of $2 mil+ sales through Q3 from 2007 through 2017 was 87.
In Q4 LandVest Set a New Record Sale in Medfield
Medfield will enter the ranks of $2m+ sales in Q4 with the sale of Round Lot Farm, sold by Jay Boyle and J. Stanley Edwards.
6,700± sq. ft. Georgian Colonial equestrian estate set on 38 acres of meadows, woodlands and sustainable gardens. Eight-stall, custom-designed Blackburn barn. Space for a caretaker, three dry paddocks, eight grass paddocks, outdoor riding ring and direct access to 160 acres of deed-restricted Norfolk Hunt land and to a network of over 100 miles of horse trails.
Highest & Median Sale
There were 160 high-end sales in Q3 2017. The average sale price was $2.8 million.
Days on Market
As of Q3, the 2017 Days on Market averaged 156 days which was slightly up from the 2016 average of 145 days. Improved demand is evidenced by a 12% increase in sales over the same period last year.
Sales by Town
Eight of the 28 cities and towns in Norfolk County had high-end sales through Q3 of 2017: Brookline (60), Cohasset (11), Dedham (3), Dover (7), Milton (1), Needham (7), Wellesley (59), and Westwood (4).
For additional information about these properties in the Greater Boston community, please contact:
Jay Boyle | (email@example.com) | 617-648-5444