Dedham, with its blend of historical charm and modern amenities, continues to be a desirable market. September 2024 data provides insights into its current dynamics.
Market Trends
- Average Home Price: The average was $720,000, increasing by 2.5%.
- Number of Homes Sold: 16 homes were sold, compared to 14 sales last September.
- Average Days on Market (DOM): The average was 27 days, down from 33 days last year.
- Price per Square Foot: Averaging $380.
- New Listings: Dedham had 18 new listings.
Key Takeaways
- For Buyers: Opportunities are available, but homes move fast.
- For Sellers: Competitive pricing leads to swift sales.
Conclusion
Dedham’s market remains strong, driven by a mix of affordability and accessibility.