norfolk county real estate report

THE

NORFOLK

REPORT

N O R F O L K C O U N T Y H OM E V A L U E S . C OM

WWW.REALTORMIKEMAHONEY.COM

617-615-9435

NEIGHBORHOOD REPORT

Norfolk County, Massachusetts

Presented byMichael MahoneyMassachusetts Real Estate License: 9051300

Mobile: (617) 615-9435

[email protected]

RealtorMikeMahoney.com

Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

10/17/2017

mailto:[email protected]

Median Sales PricePublic RecordsMedian Sales PriceListingsSales VolumePublic RecordsSales VolumeListings

Median Sales Price vs. SalesVolumeThis chart compares the price trend andsales volume for homes in an area.Home prices typically follow salesvolume, with a time lag, since salesactivity is the driver behind pricemovements.Data Source: Public records and listingsdataUpdate Frequency: Monthly

Neighborhood: Housing Stats and Charts Norfolk County Massachusetts USAMedian Estimated Home Value $471K $400K $228KEstimated Home Value 12-Month Change +6.3% +7.3% +6.2%Median List Price $500K $390K $108KList Price 1-Month Change -3.8% -2.3% -1.7%List Price 12-Month Change +4.2% +6.2% +10.2%Median Home Age 60 58 44Own 69% 62% 64%Rent 31% 38% 36%$ Value of All Buildings for which Permits Were Issued $251M $1.82B $102B% Change in Permits for All Buildings +22% +15% +2%% Change in $ Value for All Buildings +17% +17% +7%


Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 10/17/2017

Median List PriceListing Volume

Median Listing Price vs. ListingVolumeThis chart compares the listing price andlisting volume for homes in an area.Listing prices often follow listing volume,with a time lag, because supply can driveprice movements.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly

Sales Count By Price Range

Price Range of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths within different price ranges inthe area of your search. The amountshown for the subject property is solddata where available, or the property'sestimated value when sales data areunavailable (such as a non-disclosurestate) or provided in range format.Data Source: Public records dataUpdate Frequency: Monthly

Sales Count By Price Per Sq Ft

Price per Square Foot ofHomes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths at different prices per square foot(living area sourced from public records).Data Source: Public records and MLSdata where licensedUpdate Frequency: Monthly



Sales Count By Living Area

Size of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths of different sizes in the area ofyour search.Data Source: Public records dataUpdate Frequency: Monthly

Sales Count by Age of House

Age Range of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths of different age ranges in thearea of your search.Data Source: Public records dataUpdate Frequency: Monthly

Sales Count by Bedroom

Number of Bedrooms inHomes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths, according to the number ofbedrooms, in the area of your search.Data Source: Public records dataUpdate Frequency: Monthly



Education Levels ofPopulationThis chart shows the educationalachievement levels of adults in an area,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Neighborhood: People Stats and Charts Norfolk County Massachusetts USAPopulation 688K 6.71M 317MPopulation Density per Sq Mi 1.74K 860 –Population Change since 2010 +2.4% +3.6% +2.4%Median Age 41 39 38Male / Female Ratio 48% 48% 49%



Norfolk County

Population of Children by AgeGroupThis chart shows the distribution of thepopulation of children by age range —from birth to 17 — in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually

Norfolk County

Population of Adults by AgeGroupThis chart shows the distribution of thepopulation of adults by age range —from 18 to 75-plus — in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually

Norfolk County

Households With ChildrenThis chart shows the distribution ofhouseholds with children, categorized bymarital status, in the area of your search.Data Source: U.S. CensusUpdate Frequency: Annually

Norfolk County

Household Income BracketsThis chart shows annual householdincome levels within an area.Data Source: U.S. CensusUpdate Frequency: Annually

Presidential Voting PatternThis chart shows how residents of acounty voted in the 2012 presidentialelection.Data Source: USElectionAtlas.orgUpdate Frequency: Annually



Median Sales PriceUnemployment

Median Sales Price vs.UnemploymentThis chart shows the relationshipbetween employment and home pricesin a metro area. Employment is a goodmeasure of the strength of the localeconomy. Generally speaking, the betterthe job market, the more likely homeprices are rising.Data Source: Moody's Analytics:economy.comUpdate Frequency: Monthly

Norfolk CountyNorfolk CountyMassachusettsUSA

Unemployment RateThis chart shows the unemploymenttrend in the area of your search. Theunemployment rate is an important driverbehind the housing market.Data Source: Bureau of Labor StatisticsUpdate Frequency: Monthly

Neighborhood: Economic Stats and Charts Norfolk County Norfolk County Massachusetts USAIncome Per Capita $45,829 $45,829 $36,895 $28,930Median Household Income $88,262 $88,262 $68,563 $53,889Unemployment Rate 3.4% 3.4% 3.7% 4.4%Unemployment Number 13K 13K 139K 7.13MEmployment Number 371K 371K 3.57M 153MLabor Force Number 384K 384K 3.71M 161M



Norfolk County

Building PermitsThis chart shows the number of buildingpermits in a county each quarter.Data Source: U.S. CensusUpdate Frequency: Annually

Norfolk County

Occupational CategoriesThis chart shows categories ofemployment within an area.Data Source: U.S. CensusUpdate Frequency: Annually



Norfolk County

Average Commute TimeThis chart shows average commute timesto work, in minutes, by percentage of anarea's population.Data Source: U.S. CensusUpdate Frequency: Annually

How People Get to WorkThis chart shows the types oftransportation that residents of the areayou searched use for their commute.Data Source: U.S. CensusUpdate Frequency: Annually

Average MonthlyTemperatureThis chart shows average temperatures inthe area you searched.Data Source: NOAAUpdate Frequency: Annually

Neighborhood: Quality of Life Stats and ChartsQuality of Life in – Norfolk County Norfolk County Massachusetts USAElevation (in feet) 179 179 519 –Annual Rainfall (in inches) 45 45 45.79 –Annual Snowfall (in inches) 47.4 47.4 52.84 –Days of Full Sun (per year) 83 83 83 –Travel Time to Work (in minutes) 33 33 29 26Water Quality - Health Violations 1.27 1.27 – –Water Quality - Monitoring and Report Violations 2.85 2.85 – –Superfund Sites 6 6 60 2,315Brownfield Sites Yes Yes Yes Yes

