What You Need to Know About Prices in the Medfield MA Real Estate Market
By Nina Rogoff, Wix Websites for Real Estate Agents
What You Need to Know About Prices the Medfield MA Real Estate MarketIn my last post, I shared an update on the Medfield MA real estate market as of February 29, 2016. It included the properties and prices of homes that sold in Medfield February. This post focuses on information that Sellers and Buyers need to understand the impact of different types of real estate markets. When the media speaks about real estate markets, it's often in very broad terms. You may hear that there's a "Seller's Market" or a "Buyer's Market". How are those markets determined and what does it really mean when it comes to selling your home?First, Let's Look At Absorption Rate:Absorption Rate is the term used to describes the number of months it will take to sell (or absorb) the current inventory of homes if no...