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Dedham 2017 Mid-Year Report

Want to know how the Dedham, Massachusetts real estate market is doing? In this Mid-Year Report, we’re looking at home sales in Dedham for the first half of 2017 versus the first half of 2016 and how the market is currently performing.

As of June 30th, a total of 196 homes sold in Dedham at an average sale price of $460,961. (These numbers include single-family homes, condominiums, and multi-family sales combined). The number of home sales is up 18.1% from this same time-period in 2016 when 166 total homes were sold.

Homes Listed in Dedham:

From January 1st to June 30th, there were 228 homes listed on the market, down a little over 5% compared to 241 within the same date range in 2016.

Homes Pending in Dedham:

There were 200 homes that went pending in Dedham from January 1st to June 30th, which is down 7% from 215 homes pending in the first half of 2016.

The Dedham market is doing well this year, considering the patterns we’ve seen overall.  The number of sales and prices increased in every category, except the number of multi-families sold, Dedham has fared well as compared to overall progress in the state of Massachusetts as illustrated in our 2017 Mid-Year report.