Real Estate Update

Lawrence Estates Lands on Top 10 Hottest Neighborhoods List

The Lawrence Estates neighborhood in Medford is one of the hottest in the country, according to real estate company Redfin.

The neighborhood is among nine others anticipated to experience more interest and home value growth by the end of the year.

“Proximity to transportation, an easy commute to Boston and overall affordability are the major factors driving homebuyers to Lawrence Estates,” said Redfin Medford agent Stephen Cafferky. “Many homes have large yards and are minutes away from route 93, and the commuter train that can take you to North Station and Medford Square. The neighborhood is laid back, close to everything and a great place for people who are looking to escape city life but still have the itch to get downtown quickly.”

The median home sale price for the Lawrence Estates is $656,450 and nearly 80% of homes sold above list price.

– InsideMedford.com

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