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Norwood 2020 Mid-Year Report

In this Mid-Year Report, we’re looking at Norwood, Massachusetts home sales for the first half of 2020 versus the first half of 2019, and how the market is currently performing in that area.

As of June 30th, a total of 110 homes sold in Norwood. (These numbers include single-family homes, condominiums, and multi-family sales combined). Total sales are down 32.9% from this same time period in 2019 when 164 total homes were sold.

The first half of 2020 saw an average price of $480,429, down a slight .03% from the same time frame in 2019 when prices were $$480,586.

Homes Listed in Norwood:

From January 1st to June 30th, there were 152 homes listed on the market, down 26.9% compared to 208 within the same date range in 2019.

Homes Pending in Norwood:

From January 1st to June 30th, there were 126 homes that went pending (contract accepted) down 33.7% compared to 190 within the same date range in 2019.

The Norwood market performed similarly to Massachusetts when compared to the 2020 Mid-Year Report with diminished sales and increased prices due to the effects of COVID-19.

Data provided by Warren Group & MLS PIN and compared to the prior year.

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