The Best Towns To Own Property | Team Coyle's Rankings

Introduction | June-2022 Town Rankings (Home Sales)**

All of us have at some point in their lives have heard someone ask the question - what is the most important thing to know about real estate? Then after a brief pause, that person repeats the term “location” three times.

While a cliché, no truer statement has ever been uttered. Candidly, where you live has a meaningful impact on the value (price) of your home.

That’s why Team Coyle, a professional real estate group at Compass has prepared this FREE MONTHLY REPORT (June 2022 Town Rankings) so homeowners and homebuyers like you can compare for themselves how home sales in their town are performing versus other MetroWest towns.

So, if you are just a little bit curious to see how your largest and most important investment (your home) is performing in the current real estate market, then read on and enjoy.

Sales Price

Sales price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower.

Sold Price Per Square Foot (PPSF)

Sold price per square foot is the mid-point (median) of all closed listings. When only land is selected, it is price per acre.

Days on Market (DOM)

Days on Market (DOM) is the median number of days between when a property is listed and the contract date.

Percent of List Price Received

List price received is the average sales price divided by the final list price expressed as a percentage.

Closed Sales

Closed sales is the number of properties sold.

Months of Supply Inventory (MSI)

MSI is the number of months it would take to sell through the available inventory at the current sales rate.

**All data in this publication is sourced from Data Analytics 2022 and MLSPIN. Data used in the charts and tables based on results for the first six months (Jan 1 – June 30) of 2022 and 2021 unless otherwise noted.

Disclaimer: The views and opinions expressed in this publication reflects Team Coyle’s beliefs and observations as of the date of publication. Team Coyle undertakes no responsibility to advise you of any changes in the views expressed herein. No representations are made as to the accuracy of such observations and assumptions and there can be no assurances that actual events will not differ materially from those assumed. The forward-looking statements in this publication are based on Team Coyle’s current expectations, estimates, forecasts, and projections, and are not guarantees of future performance. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. These materials are provided for informational purposes only, and under no circumstances may any information contained herein be construed as investment advice.