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Needham Market Report

Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA : Real Estate Agent in Needham, MA

As of this moment in time 29 single family homes have gone under agreement in the past month. The concentration of homes that have accepted offers are in the $600,000 to $699,999 price range. The next highest price range of homes that have gone under agreement is $500,000 to $599,999.

The luxury market is strong in Needham as well with 3 single family homes between $1,000,000 and $1,499,999 have accepted offers.

There are 103 single family homes on the market with an Average List Price: $1,061,045 from $299,000 to $3,200,000 There are 22 condo/townhouses on the market with price ranges from $255,000 to $899,00 which is brand new construction.

There are some truly fabulous homes on the market right now in Needham and some really great cond/townhouses as well.

Needham always has a wonderful offering of homes, the schools are amazing, transportation options are just terrific. Needham is that bedroom community so close to Boston and major routes.

I have been living in Needham since 1965 and the town is great in every way. There is a true sense of community here. We rally around those who need help and we encourage our citizens. We have terrific representatiion in the house and senate with Representatvie Lida Harkins and Senator Scott Brown. As a town we are truly fortunate. In the 2011 we will celebrate Needham's 300 year anniversary. There will be lots planned for that and I will be sharing when I can since I am on one of the committees for that great celebration year.

Pat Baker, Realtor(R), ABR (R), GREEN(R)
Coldwell Banker Residential Brokerage
1 Chapel Street, Needham, MA 02492
(C) 671-435-3471 (O) 781-444-7400 (V&F) 781-446-8697
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Green Needham Collaborative

Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA : Real Estate Agent in Needham, MA

This is the website for Needham's Green Collaborative - here you will find their mission.

http://www.greenneedham.org/

March 23, 2009 see below:

Join State Senator Scott Brown and State Representative Lida Harkins for a Town Hall Meeting at:

First Parish Church
28 Dedham Avenue
7:00 - 9:00 PM

On what the 2009 Stimulus Package means to Massachusetts.

You can take the 10% challenge on the website too. So now we can take the low carbon diet lifestyle.

For me it is low carbon and low carbohydrates diets. It works for me.

I have been at this for a long time so in the past 27 years I have educated myself on green living. It doens't happen overnight but nothing does. There are many shades of green and anything we can do makes a difference.

So Up with Green.


Pat Baker, Realtor(R), ABR (R), GREEN(R)
Coldwell Banker Residential Brokerage
1 Chapel Street, Needham, MA 02492
www.patannbaker.com
(C) 671-435-3471 (O) 781-444-7400 (V&F) 781-446-8697


Needham RE Market is Hot

Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA : Real Estate Agent in Needham, MA

The market in Needham is defiintely hot.

There were 21 single family homes that went under agreement in the last 20 days. The prices ranged from $350,000 to $1,475,000.

It is like this, if you snooze you loose. I anticipate a very busy weekend with open houses and lots of traffic.

Not only Needham but other surrounding communities are have much more activity. I would say the last 3 weeks have been strong. Now the the reduced interest rates that will encourage even more buyers out to the market. I spoke to agents in Holliston, Natick and all the way to Pembroke in the past few days and it looks like those market are doing well too. Homes are priced to sell right now and that certainly helps.

This could be a very busy year in real estate. I believe that the real estate market will help start the economy to recover.

Pat Baker, Realtor(R), ABR (R), GREEN(R)
Coldwell Banker Residential Brokerage
1 Chapel Street, Needham, MA 02492
(C) 671-435-3471 (O) 781-444-7400 (V&F) 781-446-8697
Search for home in Massachusetts

Stimulus Savings - From Needham, MA Business I highly recommend!

Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA : Real Estate Agent in Needham, MA

I can't really say enough great things about Consolidated Plumbing and Heating.

Just for starters they saved 2 closings for me by their rapid response to a need we had we plumbing at the very last minute. One time it was after the owners were moved out and the closing was the next day. They came within the hour. The other time was after a building inspection they were able to come and give my buyer counsel on an issue regarding main sewer pipe. The best thing in both cases was they came so quickly.

Recently a buyer of mine who had purchased her home last summer and during one of those bitter cold days she had a pipe burst. Her husband was out of town and she called me for a recommendation. Of course, I immediately recommended Consolidated Plumbing and Heating. She got a quick response also.

Their work is absolutely great. See the lastest offer they have presently below:

Stimulus Savings from Consolidated Plumbing & Heating, Inc.

Consolidated Plumbing & Heating, Inc.
7 8 1 - 4 4 4 - 2 5 0 8

weston Ultra-boiler

~ QUICK LINKS ~ Home Page Take a Tour of Our Work!

Newton Powder Room Recommended Products Fellow Trades
Save 10% Off of the Regular Labor Rate

This offer is transferrable, please feel free to forward this to family, friends and/or neighbors.

You must mention this coupon when calling to set up an appointment and include it with your payment.
  • Valid during normal working hours M-F 8:30-4:30.
  • Service level work only, not valid for renovation projects.
  • Offer valid on work scheduled after 3/15/09

Offer Expires: May 31, 2009

Not Valid April 9 - 23, 2009
visit our website: www.consolidatedph.com email: Consolidatedph@comcast.net 781-444-2508

Pat Baker, Realtor(R), ABR (R), GREEN(R)
Coldwell Banker Residential Brokerage
1 Chapel Street, Needham, MA 02492
(C) 671-435-3471 (O) 781-444-7400 (V&F) 781-446-8697
Search for home in Massachusetts

Needham Market Report

Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA : Real Estate Agent in Needham, MA

The spring market has sprung. The inventory has reached 85 single family homes on the market as of this date. There are some great homes on the market and with the First Time Buyer Tax Credit, low interest rates it makes for some great incentives in the home market right now.

There were 17 single family homes that went under agreement in the past month wit h the average days on market 100 days.

There have been 5 properties that went under agreement in the past 3 day as follows:

Ranch 4 room, 2 bed, 1 bath listed at $499,900 - days on market 49
Contemporary 8 room, 3 bed, 2 bath listed at $559,000 - days on market 26
Colonial 9 room, 3 bed, 1.5 bath listed at $579,900 - days on market 8
Colonial 9 room, 4 bed, 2 bath listed at $699,000 - days on market 201
Energy Efficient "GREEN LIVING" farm house 7 rooms, 3 bed, 2 baths days on market 196


There are concentration price points as follows:

3 single family homes between $450,000 - $499,999
13 single family homes between $500,000 - $599,999
8 single family homes between $600,000 - $699,999
5 single family homes between $700,000 - $799,999/
6 single family homes between $900,000 - $999,999
32 single family homes between $1,000,000 - $1,499,999 3/10/08 this number was 21 (big jump)
5 single family homes between $1,500,000 - $1.999,999


Comparing 3/10/07

There were 111 single family homes on the market - average days on market 147 Average price $926,388

3/10/08

There were 88 single family homes on the market - average days on market 136 Average price $1,045,102

3/10/09

Ther are 85 single family homes on the market - average days on market 115 Average price is $1,026,689

In the past month the average days on market for sold properties was 97 days with properties selling at 92% of the original price. and 95% of the current price.

There were 12 single family homes that sold during the last month with the average price being $678,146. In 2008 for the same time period the average price was $890,111 with days on market was 99 and properties selling at 95% of original price and 97% of current list price.

The inventory for the luxury market has gone up considerably from last year to same time this year from 21 to 32.

Pat Baker, Realtor(R), ABR (R), GREEN(R)
Coldwell Banker Residential Brokerage
1 Chapel Street, Needham, MA 02492
(C) 671-435-3471 (O) 781-444-7400 (V&F) 781-446-8697
Search for home in Massachusetts