When it comes to Needham real estate, elementary school district is as much a part of the conversation as bedrooms, bathrooms, square footage and renovations. In most cases buyers want to know which school district a house is in before even getting to the other specifics about the property. For buyers moving within Needham, this … Read more
In what has become a familiar theme, the Needham real estate market continues its steady performance heading into the historically strong Spring market. Comparing MLS sales data from the last half (final six months) of 2009 to 2010, the average sales price was up from approximately $815,000 to $835,000. The total market volume increased slightly with 127 … Read more
Summer is finally here, which is a good time to check in on theNeedham Real Estate market. We have posted on our Needham page updated sales data from April and May 2010. According to MLS data, 92 homes sold in the last three months. The average sale price was approximately $790,000, which is within 97% of the average list price in the … Read more
The Needham real estate market continues its strong run into Spring 2010. There were 18 Needham homes listed for sale in the last 10 days (that are still available). There were another 7 Needham homes listed for sale that went under agreement – including 103 Marked Tree Road, which was listed by Ryan McDonnell of Precision … Read more
In reports released today, both the Warren Group and the Massachusetts Association of Realtors (“MAR”) cited positive growth in the Massachusetts real estate market. The Warren Group, which publishes Banker & Tradesman, reported a 9.6% increase ($285,000 from $260,000) in the median sales price for Massachusetts single family homes from January 2009. The group also … Read more
Many homeowners have postponed listing their homes for the past year due to the economy and are waiting for the spring thaw before venturing back out into the real estate waters. Backed by the government’s tax credit to help lure buyers, signs are pointing for positive results for well priced and well positioned listings. Even … Read more
Overall, the year has started out well. Per MLS data, there are currently 71 homes for sale in Needham. The average listing price is $1.13 million and the average days on the market are 148. This number is skewed somewhat by 24 homes that have been on the market for over 200 days. Over the last three months … Read more
This is a question that we are often asked. Our day to day experience tells us that the market has been very stable over the last year. While the Needham real estate market has clearly cooled off since since the end of the latest bubble, it appears to have found an equilibrium that may last … Read more
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