Unbelievable Real Estate Activity in Norwood!
Record -low mortgage rates, extremely low inventory, and a surge of millennials buying their first homes is driving up the housing market in Norwood at a fast pace.
In 2019, the Average Sale Price in Norwood was $180,272.
By 2020, the Average Sale Price in Norwood jumped about 10% to $197,102.
So far in 2021 there have been 42 closed home sales in Norwood with the Average Price at $244,158. This means that prices have jumped 30% from 2019 to 2021 in Norwood!
(CLICK YELLOW TO VIEW DETAILS ABOUT EACH HOME)
As of today, there are only 3 Active homes for sale in all of Norwood. This amount of inventory is unbelievable and is making this a prime time to sell a home in Norwood. By teaming up with a local Realtor, homeowners can properly position their house to get the highest price possible. We utilize a Coming Soon campaign with extensive marketing, that is able to line up all showings on the first and second day to cause a bidding war. Find out how much your home value has risen by contacting the Finn Team who specializes in the area.
Rick Finn, Coldwell Banker Realty