A report on Norfolk County Real Estate October 2017 by Realtor Michael Mahoney

1. THE
NORFOLK
REPORT
N O R F O L K C O U N T Y H O M E V A L U E S . C O M
WWW.REALTORMIKEMAHONEY.COM
617-615-9435

2. NEIGHBORHOOD REPORT
Norfolk County, Massachusetts
Presented by
Michael Mahoney
MassachusettsReal Estate License: 9051300
Mobile: (617) 615-9435
mike@mmahoney.com
RealtorMikeMahoney.com
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

3. Median Sales Price
Public Records
Median Sales Price
Listings
Sales Volume
Public Records
Sales Volume
Listings
MedianSales Price vs. Sales
Volume
Thischart comparesthe price trend and
salesvolume for homesin an area.
Home pricestypically followsales
volume, with a time lag, since sales
activity isthe driver behind price
movements.
Data Source: Public recordsand listings
data
Update Frequency: Monthly
Neighborhood: Housing Stats and Charts
Norfolk County Massachusetts USA
Median Estimated Home Value $471K $400K $228K
Estimated Home Value 12-Month Change +6.3% +7.3% +6.2%
Median List Price $500K $390K $108K
List 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 44
Own 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%
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

4. Median List Price
Listing Volume
MedianListingPrice vs. Listing
Volume
Thischart comparesthe listing price and
listing volume for homesin an area.
Listing pricesoften followlisting volume,
with a time lag, because supply can drive
price movements.
Data Source: On- and off-market listings
sources
Update Frequency: Monthly
Sales Count By Price Range
Price Range of Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthswithin different price rangesin
the area of your search. The amount
shown for the subject property issold
data where available, or the property's
estimated value when salesdata are
unavailable (such asa non-disclosure
state) or provided in range format.
Data Source: Public recordsdata
Update Frequency: Monthly
Sales Count By Price Per Sq Ft
Price per Square Foot of
Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthsat different pricesper square foot
(living area sourced from public records).
Data Source: Public recordsand MLS
data where licensed
Update Frequency: Monthly
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

5. Sales Count By Living Area
Size of Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthsof different sizesin the area of
your search.
Data Source: Public recordsdata
Update Frequency: Monthly
Sales Count by Age of House
Age Range of Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthsof different age rangesin the
area of your search.
Data Source: Public recordsdata
Update Frequency: Monthly
Sales Count by Bedroom
Number of Bedrooms in
Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
months, according to the number of
bedrooms, in the area of your search.
Data Source: Public recordsdata
Update Frequency: Monthly
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

6. EducationLevels of
Population
Thischart showsthe educational
achievement levelsof adultsin an area,
compared with other geographies.
Data Source: U.S. CensusAmerican
Community Survey via Esri, 2016
Update Frequency: Annually
Neighborhood: People Stats and Charts
Norfolk County Massachusetts USA
Population 688K 6.71M 317M
Population Density per Sq Mi 1.74K 860 –
Population Change since 2010 +2.4% +3.6% +2.4%
Median Age 41 39 38
Male / Female Ratio 48% 48% 49%
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

7. Norfolk County
Populationof Childrenby Age
Group
Thischart showsthe distribution of the
population of children by age range —
from birth to 17 —in the area of your
search.
Data Source: U.S. Census
Update Frequency: Annually
Norfolk County
Populationof Adults by Age
Group
Thischart showsthe distribution of the
population of adultsby age range —
from 18 to 75-plus—in the area of your
search.
Data Source: U.S. Census
Update Frequency: Annually
Norfolk County
Households WithChildren
Thischart showsthe distribution of
householdswith children, categorized by
marital status, in the area of your search.
Data Source: U.S. Census
Update Frequency: Annually
Norfolk County
HouseholdIncome Brackets
Thischart showsannual household
income levelswithin an area.
Data Source: U.S. Census
Update Frequency: Annually
Presidential VotingPattern
Thischart showshowresidentsof a
county voted in the 2012 presidential
election.
Data Source: USElectionAtlas.org
Update Frequency: Annually
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

8. Median Sales Price
Unemployment
MedianSales Price vs.
Unemployment
Thischart showsthe relationship
between employment and home prices
in a metro area. Employment isa good
measure of the strength of the local
economy. Generally speaking, the better
the job market, the more likely home
pricesare rising.
Data Source: Moody'sAnalytics:
economy.com
Update Frequency: Monthly
Norfolk County
Norfolk County
Massachusetts
USA
Unemployment Rate
Thischart showsthe unemployment
trend in the area of your search. The
unemployment rate isan important driver
behind the housing market.
Data Source: Bureau of Labor Statistics
Update Frequency: Monthly
Neighborhood: Economic Stats and Charts
Norfolk County Norfolk County Massachusetts USA
Income Per Capita $45,829 $45,829 $36,895 $28,930
Median Household Income $88,262 $88,262 $68,563 $53,889
Unemployment Rate 3.4% 3.4% 3.7% 4.4%
Unemployment Number 13K 13K 139K 7.13M
Employment Number 371K 371K 3.57M 153M
Labor Force Number 384K 384K 3.71M 161M
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

9. Norfolk County
BuildingPermits
Thischart showsthe number of building
permitsin a county each quarter.
Data Source: U.S. Census
Update Frequency: Annually
Norfolk County
Occupational Categories
Thischart showscategoriesof
employment within an area.
Data Source: U.S. Census
Update Frequency: Annually
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017

10. Norfolk County
Average Commute Time
Thischart showsaverage commute times
to work, in minutes, by percentage of an
area'spopulation.
Data Source: U.S. Census
Update Frequency: Annually
HowPeople Get to Work
Thischart showsthe typesof
transportation that residentsof the area
you searched use for their commute.
Data Source: U.S. Census
Update Frequency: Annually
Average Monthly
Temperature
Thischart showsaverage temperaturesin
the area you searched.
Data Source: NOAA
Update Frequency: Annually
Neighborhood: Quality of Life Stats and Charts
Quality of Life in–
Norfolk County Norfolk County Massachusetts USA
Elevation (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 26
Water Quality - Health Violations 1.27 1.27 – –
Water Quality - Monitoring and Report Violations 2.85 2.85 – –
Superfund Sites 6 6 60 2,315
Brownfield Sites Yes Yes Yes Yes
Norfolk County, Massachusetts
Copyright 2017Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 10/17/2017