Walpole, MA

Walpole is a town in Norfolk County, Massachusetts, United States. It is located about 13 miles (21km) south of Downtown Boston and 23.5 miles (37.8km) north of Providence, Rhode Island. The population was 24,070 at the 2010 census. Walpole was first settled in 1659 and was considered a part of Dedham until officially incorporated in 1724. The town was named after Sir Robert Walpole, de facto first Prime Minister of Great Britain. Walpole has gained a reputation as a Republican stronghold in Massachusetts. It started out as a territory that was claimed by the Neponset Native American tribe. The Neponset tribe officially claimed the area that is now Walpole, and some of its surrounding territory in 1635. The town of Dedham was not included in this claim, so they began to negotiate with the Neponset tribe to gain land. In 1636, a deal was made between the town of Dedham and the Neponsets to grant Dedham lands that now comprise the towns of Walpole, Norwood, Westwood, Medfield, Norfolk and Dover as well as Dedham. The land given to Dedham in this deal currently includes parts of 16 different towns.

Walpole, MA - Single Family Properties

 
Walpole
  • Months of supply is up 29.7% to 3.8.
  • Inventory in November was 77. This is up 18.5% from 65 in November of 2013.
  • Year-to-Date unit sales are down by 11.6%.
Nearby Areas You May Be Interested In
  • Unit sales in Sharon are down 65.0% to 7.
  • Unit sales in Mansfield in November were 7. This is down 36.4% from 11 in November of 2013.
  • Days on market in Norfolk is up by 636.1%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending November, 2014 % Chg From Nov, 2013
Unit Sales 65 -4.4%
Sales to List Price Ratio 97.4% -0.9%
Inventory 86 22.9%
Months of Supply 4.2 32.8%
Market Time (Days) 86 36.5%
Listings Under Contract 59 -4.8%
Changes Favoring Sellers
3 Months Ending November, 2014 % Chg From Nov, 2013
Median Sale Price $435,000 3.9%
Price per Sq Ft for Sold $214 2.5%
New Listings 84 -1.2%
 
Sales
There were 17 unit sales in November. This is up 13.3% from 15 in November of 2013. This is the lowest unit sales have been since 13 in April, 2014. Sales/list price ratio in November moved down to 97.1% from 97.9% in October.

Prices
Median price in November was $400,000. This is down 2.2% from $409,000 in November of 2013. This is the lowest median price has been since September, 2013. 3-month median price of $435,000 in November was down a little from $487,500 in October but up just slightly from $418,750 in November of 2013. Price per square foot in November was $208. This is down from $215 in October and down from $212 in November of 2013.

Inventory
Inventory of 77 in November was down 16.3% from 92 in October but up 18.5% from 65 in November of 2013. New listings of 14 in November were way down from 31 in October and down a little from 15 in November of 2013. Months of supply of 3.8 in November was down modestly from 4.6 in October but up somewhat from 2.9 in November of 2013. This is the lowest months of supply has been since March, 2014.

Market Time
Days on market of 69 in November was up a little from 65 in October and up just slightly from 68 in November of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Brookline 14.20%
Franklin 12.50%
Norwood 12.03%
Wellesley 9.78%
Milton 9.00%
Randolph 8.75%
Medfield 8.55%
Weymouth 8.30%
Quincy 7.14%
Medway 6.76%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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Walpole, MA - Single Family Properties

August Headlines
Walpole
  • Months of supply in August was 4.1. This is up 26.4% from 3.3 in August of 2013.
  • 3-month unit sales are down by 13.8%.
  • Inventory is up 18.6% to 83.
Other Towns In Norfolk County
  • Months of supply in Franklin is up 76.4% to 4.1.
  • Inventory in Franklin in August was 89. This is up 71.2% from 52 in August of 2013.
  • Unit sales in Wellesley are down by 37.5%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending August, 2014 % Chg From Aug, 2013
Unit Sales 94 -13.8%
Inventory 97 32.9%
Months of Supply 4.8 36.0%
New Listings 98 22.5%
Changes Favoring Sellers
3 Months Ending August, 2014 % Chg From Aug, 2013
Median Sale Price $463,750 3.1%
Sales to List Price Ratio 97.9% 0.2%
Market Time (Days) 63 -4.5%
Price per Sq Ft for Sold $212 0.5%
Listings Under Contract 96 54.8%
 
Sales
There were 26 unit sales in August. This is down 7.1% from 28 in August of 2013. Sales/list price ratio in August moved up to 97.8% from 97.7% in July.

Prices
Median price in August was $477,500. This is up 13.5% from $420,750 in August of 2013. 3-month median price of $463,750 in August was up just slightly from $448,500 in July and very slightly up from $449,900 in August of 2013. Price per square foot in August was $227. This is up from $205 in July and up from $217 in August of 2013.

Inventory
Inventory of 83 in August was down 20.2% from 104 in July but up 18.6% from 70 in August of 2013. New listings of 22 in August were way down from 37 in July but up modestly from 20 in August of 2013. Months of supply of 4.1 in August was down a little from 5.1 in July but up somewhat from 3.3 in August of 2013.

Market Time
Days on market of 54 in August was down moderately from 74 in July but up considerably from 44 in August of 2013. This is the lowest days on market has been since August, 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Brookline 15.91%
Franklin 12.00%
Norwood 11.42%
Canton 10.94%
Medfield 10.87%
Wellesley 10.68%
Weymouth 8.70%
Medway 8.39%
Norfolk 8.26%
Quincy 8.19%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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Walpole, MA - Single Family Properties

July Headlines
Walpole
  • Months of supply is up by 36.0%.
  • 3-month unit sales are down 17.8% to 83.
  • Inventory in July was 105. This is up 28.0% from 82 in July of 2013.
Other Towns In Norfolk County
  • Unit sales in Dedham in July were 25. This is down 50.0% from 50 in July of 2013.
  • Inventory in Brookline is down by 28.6%.
  • Days on market in Franklin is up 133.3% to 84.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending July, 2014 % Chg From Jul, 2013
Unit Sales 83 -17.8%
Inventory 105 36.4%
Months of Supply 5.1 34.0%
New Listings 128 10.3%
Listings Under Contract 88 -6.4%
Changes Favoring Sellers
3 Months Ending July, 2014 % Chg From Jul, 2013
Median Sale Price $455,000 1.1%
Sales to List Price Ratio 98.0% 0.1%
Market Time (Days) 69 -15.9%
Price per Sq Ft for Sold $216 0.3%
 
Sales
There were 39 unit sales in July. This is down 11.4% from 44 in July of 2013. On a year-over-year basis, unit sales have been rising for 5 months. This is the highest unit sales have been since 44 in July, 2013. Sales/list price ratio in July moved down to 97.7% from 98.2% in June.

Prices
Median price in July was $435,000. This is down 4.9% from $457,450 in July of 2013. 3-month median price this month is $455,000, the same as last month.

Inventory
Inventory of 105 in July was up 1.9% from 103 in June and up 28.0% from 82 in July of 2013. New listings of 37 in July were down modestly from 39 in June but up a little from 33 in July of 2013. Months of supply of 5.2 in July was up marginally from 5 in June and up substantially from 3.8 in July of 2013. On a year-over-year basis, months of supply has been rising for 6 months. This is the highest months of supply has been since October, 2012.

Market Time
Days on market of 74 in July was up considerably from 56 in June but down marginally from 77 in July of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Canton 17.85%
Weymouth 13.56%
Norwood 12.68%
Franklin 12.53%
Medfield 12.28%
Brookline 11.89%
Wellesley 11.40%
Milton 9.00%
Stoughton 8.77%
Medway 8.11%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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    Contact Info
    Listings
    photo.aspx?mls=71533426&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    9+ Bed

    7.5 Bath

    10,237SqFt

    605 Elm Street,
    Walpole, MA 02081

    $2,549,000

    Listed ByGibson Sotheby's International Realty

    MLS® #71533426 MLS® # 71533426 (Active)
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    FOR SALE

    4 Bed

    6.0 Bath

    6,629SqFt

    3 Palmer Ave,
    Walpole, MA 02081

    $1,850,000

    Listed ByColdwell Banker Residential Brokerage - Westwood

    MLS® #72148985 MLS® # 72148985 (Active)
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    FOR SALE

    4 Bed

    4.5 Bath

    2,965SqFt

    19 Crosswoods Path,
    Walpole, MA 02081

    $1,198,000

    Listed ByColdwell Banker Residential Brokerage - Wellesley - Central St.

    MLS® #72120281 MLS® # 72120281 (Active)
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    FOR SALE

    4 Bed

    3.5 Bath

    5,011SqFt

    12 Bridle Path,
    Walpole, MA 02081

    $1,139,000

    Listed ByKeller Williams Realty

    MLS® #72153437 MLS® # 72153437 (Active)
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    FOR SALE

    6 Bed

    6.5 Bath

    6,000SqFt

    45 Endean,
    Walpole, MA 02032

    $959,900

    Listed ByKeller Williams Realty Boston South West

    MLS® #72123693 MLS® # 72123693 (Active)

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    Contact Info
    Agent
    The Walsh Team

    "Best Agents in America 2013"

    William Raveis Real Estate

    73 Central St.
    Wellesley  Massachusetts 02482

    508-934-4030 508-341-4904

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    The information in this listing was gathered from third party resources including the seller and public records. MLS® Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content © 2017 MLS® Property Information Network, Inc.

    Last updated on Apr 30, 2017.



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    Last updated on Apr 30, 2017.

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