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Market Report Needham, Massachusetts

Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 13


Needham Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013 Range $210,000 - $949,000 $356,000 - $1,102,500 $400,000 - $1,640,000 $562,500 - $2,825,000 $929,000 - $2,550,000

0-2 Bed 3 Bed 4 Bed 5 Bed 6 Bed

Number of Listing Sold 14 109 132 64 10

Days on the Market 50 32 55 104 128

Average Sale Price $ 495,679 $ 614,885 $ 954,937 $ 1,254,202 $ 1,633,100

Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

% Change 7.178% -5.277% -2.639% 4.956% -1.321% 3.915% 1.551% -1.397% 11.758%

Number of Listing Sold 339 278 296 373 267 273 306 281 336 329

Days on the Market 66 62 103 96 88 89 90 100 101 59

Average Sale Price $ 757,341 $ 811,702 $ 768,865 $ 748,577 $ 785,675 $ 775,293 $ 805,643 $ 818,141 $ 806,708 $ 901,561 $901,561

$757,341

2004

$811,702

2005

$805,643 $818,141 $806,708 $768,865 $748,577 $785,675 $775,293

2006

2007

Source: MLSPIN, as of 02/07/2014

2008

2009

2010

2011

2012

2013


Market statistics

Total Sold - Needham, MA Single Family, 1/1/2013 - 12/31/2013 # of Listings

Avg. Days on Market

Average Sale Price

Average List Price

SP:LP Ratio

Average Orig Price

SP:OP Ratio

$200,000 - $249,999

1

93

$210,000

$299,000

70

$299,000

70

$250,000 - $299,999

0

0

$0

$0

0

$0

0

$300,000 - $349,999

1

75

$327,500

$355,000

92

$399,000

82

$350,000 - $399,999

4

99

$371,000

$400,975

93

$431,725

86

$400,000 - $449,999

6

18

$419,833

$437,633

96

$448,633

94

$450,000 - $499,999

16

51

$473,494

$476,050

100

$478,300

99

$500,000 - $599,999

48

37

$547,788

$549,909

100

$559,409

98

$600,000 - $699,999

47

25

$644,687

$644,928

100

$649,889

99

$700,000 - $799,999

37

43

$747,380

$745,965

100

$761,557

99

$800,000 - $899,999

37

49

$840,189

$844,692

100

$853,314

99

$900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999

18 100 9

31 95 121

$951,627 $1,239,455 $1,725,359

$954,556 $1,270,847 $1,747,778

100 98 99

$965,444 $1,293,876 $1,795,111

99 96 97

$2,000,000 - $2,499,999

2

45

$2,302,500

$2,390,000

96

$2,390,000

96

$2,500,000 - $2,999,999

3

113

$2,651,667

$2,766,333

96

$2,783,000

95

329

59

$901,561

$915,312

99

$929,990

97

Price Range

Total Properties Source: MLSPIN, as of 02/07/2014

SERVICE@DWELL360.Com | 617-299-1854


Needham Statistics Condominiums Average Sale Price - Number of Bedrooms - 2013 Range $200,000 - $300,000 $195,200 - $605,000 $317,500 - $899,000 $772,000 - $901,555 $875,000-$875,000

1 Bed 2 Bed 3 Bed 4 Bed 5 Bed

Number of Listing Sold 6 13 31 12 1

Days on the Market 39 44 99 50 14

Average Sale Price $ 233,917 $ 346,108 $ 638,823 $ 841,385 $ 875,000

Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

% Change 30.852% -20.831% 10.040% 6.629% -12.868% -0.992% 1.580% -6.369% 26.830% $602,276 $476,815

$460,271

2004

2005

2006

$524,686

2007

Source: MLSPIN, as of 02/10/2014

Number of Listing Sold 58 47 33 48 40 38 40 39 53 63

Days on the Market 50 94 152 159 178 153 131 91 114 71

Average Sale Price $ 460,271 $ 602,276 $ 476,815 $ 524,686 $ 559,465 $ 487,472 $ 482,635 $ 490,260 $ 459,033 $ 582,191 $582,191

$559,465 $487,472 $482,635 $490,260 $459,033

2008

2009

2010

2011

2012

2013


Market statistics

Total Sold - Needham, MA Condominiums, 1/1/2013 - 12/31/2013 # of Listings

Avg. Days on Market

Average Sale Price

Average List Price

SP:LP Ratio

Average Orig Price

SP:OP Ratio

$150,000 - $199,999

1

6

$195,200

$195,200

100

$195,200

100

$200,000 - $249,999

9

31

$223,278

$238,629

94

$235,975

95

$250,000 - $299,999

1

4

$265,000

$275,000

96

$275,000

96

$300,000 - $349,999

4

82

$320,625

$333,000

96

$341,500

94

$350,000 - $399,999

2

67

$379,250

$385,000

99

$387,450

98

$400,000 - $449,999

2

95

$437,000

$439,000

100

$452,000

97

$450,000 - $499,999

2

39

$470,355

$484,450

97

$484,450

97

$500,000 - $599,999 $600,000 - $699,999

6 14

83 142

$563,167 $633,286

$577,500 $643,329

98 98

$585,833 $649,743

96 98

$700,000 - $799,999

9

68

$769,278

$770,111

100

$767,889

100

$800,000 - $899,999 $900,000 - $999,999

12 1

27 57

$856,881 $901,555

$861,250 $895,000

100 101

$860,417 $895,000

100 101

Total Properties

63

71

$582,191

$590,466

98

$592,860

98

Price Range

Source: MLSPIN, as of 02/10/2014

SERVICE@DWELL360.Com | 617-299-1854


Needham Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2013 Range $335,000 - $799,000 $515,000 - $515,000

2 Units 3 Units

Number of Listing Sold 8 1

Days on the Market 25 21

Average Sale Price $ 548,250 $ 515,000

Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

% Change 10.697% -5.360% -13.978% -9.281% 3.795% 12.025% 3.001% 6.973% -9.316% $634,638

$573,313

$600,622 $516,667

2004

2005

Number of Listing Sold 8 4 6 3 7 3 2 7 7 9

2006

2007

Source: MLSPIN, as of 02/10/2014

Days on the Market 42 16 87 169 129 37 33 35 35 25

$545,000 $561,357

Average Sale Price $ 573,313 $ 634,638 $ 600,622 $ 516,667 $ 468,714 $ 486,500 $ 545,000 $ 561,357 $ 600,500 $ 544,556 $600,500

$544,556

$468,714 $486,500

2008

2009

2010

2011

2012

2013


Market statistics

Total Sold - Needham, MA Multifamily Homes, 1/1/2013 - 12/31/2013 # of Listings

Avg. Days on Market

Average Sale Price

Average List Price

SP:LP Ratio

Average Orig Price

SP:OP Ratio

$300,000 - $349,999

1

85

$335,000

$355,900

94

$379,900

88

$350,000 - $399,999

0

0

$0

$0

0

$0

0

$400,000 - $449,999

2

34

$431,500

$454,000

95

$454,000

95

$450,000 - $499,999

1

18

$470,000

$424,900

111

$424,900

111

$500,000 - $599,999

2

14

$522,500

$542,000

97

$542,000

97

$600,000 - $699,999 $700,000 - $799,999

1 2

18 3

$600,000 $794,000

$595,000 $794,000

101 100

$595,000 $794,000

101 100

Total Properties

9

25

$544,556

$550,644

99

$553,311

98

Price Range

Source: MLSPIN, as of 02/10/2014

SERVICE@DWELL360.Com | 617-299-1854


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Needham Massachusetts Real Estate Market Data - Dwell360  

Dwell360 has published this report on the residential real estate market statistics for 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005...

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