Medford Luxury Market Report

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MEDFORD LuxuryMarket Report

LeadersinLuxury

The Sotheby's name comes with a rich history of excellence and has long been synonymous with luxury. As the owner of a luxury home in one of Greater Boston's most sought-after communities, we are delivering our 2022 Luxury Market Report to your doorstep.

The luxury home market in Greater Boston is thriving.World-renowned resources continue to attract high net-worth individuals hailing from tech-driven fields, but the pandemic-fueled remote-work lifestyle has shifted the paradigm. People's values have changed and with that comes a shift in lifestyle needs.

Steve McKenna & The Home Advantage Team of Gibson Sotheby's International Realty has been a preeminent leader in the real estate industry providing white glove service to all our clients. Our global connections unite discerning buyers and sellers from every corner of the world,state,and neighborhood.

We hope you find our 2022 Luxury Market Report informative and helpful as you consider your own path forward. It would be our pleasure to discuss any questions or review the true market value of your property.

WE SELL THE EXCEPTIONAL.

MedfordMarket Data

- $1.49 Million $12.5M Arlington 30 Academy Street

Year $10M

Million+ 2021 18 11 3 2022 46 10 4 HIGHEST $5.4M Cambridge 10 Channing Street

M - $1.9 Million $3.25M Belmont 5 Sumner Lane

| $12.5M Medford 12 Cherry Street

Highest $1.58M Woburn 76 Marlboro Road

Data Source: MLSPin 01/01/2022?12/31/2022,SF $1.92M

$1M
$1.5
$2
SALE PRICE IN 2022: $1,575,000
12 CHERRY STREET
SalePricein2022
Data Source: MLS Pin 01/01/2021?12/31/2021and 01/01/2022?12/31/2022,SF $7.5M $5M $2.5M $0
©2022 Gibson Sotheby?s International Realty. All Rights Reserved. Sotheby?s International Realty® is a registered trademark and used with permission. Real estate agents affiliated with Sotheby?s International Realty, Inc. and some independently owned offices are independent contractor sales associates and are not employees of Sotheby?s International Realty®.Equal Housing Opportunity. SteveMcKenna& TheHomeAdvantageTeam 781.645.0505 | YourHomeForSale@GibsonSIR.com | YourHomeForSale.com 25 OFFICES SERVING BOSTON, GREATER BOSTON, METROWEST, NORTH SHORE, SOUTH SHORE, AND CAPE COD 1010 Massachusetts Avenue,Arlington,MA 02476

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Medford Luxury Market Report by Gibson Sotheby's International Realty - Issuu