Condos for Sale in Canton, MA | William Raveis Elite

Canton, MA Real Estate Market Overview

The Canton housing market, known for its competitiveness, has seen notable shifts in median prices while maintaining a swift selling pace.

Current Market Trends: What Buyers Need to Know

Insights into Canton's housing market:

Median Home Prices: Last month, Canton experienced a significant decrease of 20.5% in the median sale price of homes, recording a median price of $600,000 compared to the previous year.

Price per Square Foot: Despite the decline in median prices, the median sale price per square foot increased marginally by 1.4%, reaching $360.

Sales Dynamics: Homes in Canton continue to sell swiftly, with an average of 17 days on the market, consistent with the previous year. Moreover, there was a slight increase in the number of homes sold, with 31 homes sold in October this year, up from 29 in the same period last year.

Migration Trends: Canton's Attraction

Incoming Homebuyers: 3% of homebuyers are seeking to move into Canton from outside metros, with Hartford homebuyers showing the highest interest, followed by New York and San Francisco.

Outgoing Homebuyers: 81% of Canton homebuyers are opting to remain within the metropolitan area. Portland emerges as the preferred destination, followed by Lebanon and Miami.

Engage with William Ravels

For expert guidance and comprehensive insights into Canton's real estate opportunities, William Ravels is your dedicated ally. With a commitment to exceptional service and a deep understanding of the local market, William is ready to assist you in making informed decisions regarding real estate in Canton.