Randolph Real Estate Update!

Dated: 11/08/2018

Views: 13

Located fifteen miles south of Boston, at the intersection of Routes 128 and 24, Randolph's location has been an important factor in its economic and social history. Formerly one of the nation's leading boot producers, this has been supplanted by light manufacturing and service industries.  The town's proximity to major transportation networks has resulted in an influx of families from Boston and other localities who live in Randolph but work throughout the metropolitan area.

In September and October 2018, home sales decreased slightly from last year:  64 homes sold in 2017 compared to 54 homes in the same time period this year.  Last year, sales averaged $354,397 while in 2018 the average rose to $394,128.  The days on market stayed about the same:  42 days in 2017 compared to 39 days in 2018.

The condo market saw 27 sales in July and August of last year but this year saw a decrease to 17 condos sold in the same time period.  Condo prices also saw a decrease in 2018:  an average sale price of $243,953 down from last year's average price of $270,996.  Days on market decreased from 68 days in 2017 to 42 days in 2018.

Looking to buy or sell your home?  Contact EXIT Realty All Stars in Braintree!

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