There have been a total of 457 residential properties listed this year in Medford, NJ from January 1 through August 20. Of the properties listed 164 homes have been sold with an average of 93 days on market.
As of this morning the current inventory is 261 residential properties on the market. The average number of sales per month for the last 12 full months is 21, leaving us with an inventory accumulation of 12 months to sell the current listed properties.
The average sold price in Medford has been $431,327 with the highest property selling for $1,300,000 and the lowest priced property selling for $44,900 to date.
**The above information has been provided by Trend MLS and deemed reliable but not guaranteed and subject to errors, omissions, or change without notification**
For those interested in buying or selling a home in Medford, NJ we are happy to help. Home buyers: you can have Medford MLS Listings emailed directly to you. Hone sellers: begin the home selling process by filling out our Home Value form.