Needham Market Report
By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
We have 93 single family listings on the market through today 9/2/08. I am expecting to see a lot of new listings coming on in the next couple of weeks. The children will be back to school by Thursday so that should make a difference. The average list price is $1,002,611. The lowest price is $349,500 and the highest price is $3,500,000. The concentration are in the following price points: 13 in the $500,000 to $599,999 16 in the $600,000 to $699,999 19 between $1,000,000 and $1,499,999 13 between $1,499,999 and $1,999,999 The median price is $769,000 and the average days on market are 162 There were 17 properties that went under agreement in the last month. 29 properties sold in the past month with the average price being $921,888 and the median price being $810,000 with the days o...