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About Needham's Needham Heights

NEEDHAM THRIVES/HOMES ARE SELLING/PEOPLE WANT TO LIVE HERE

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

NEEDHAM THRIVES/HOMES ARE SELLING/PEOPLE WANT TO LIVE HERE. Needham is insulated it would appear. It is proven over and over again by how the homes just keep selling. We have been insulated here. There are 25 properties that have pending sales in the past month. There were 21 homes that closed in the past month from $350,000 to $1,530,000 at 97% of the asking price and original price and that was average. One sold for 106% of original price. There are only 86 single family homes on the market at the present time.

The newest report is that that sales are up 6.6% in Massachusetts over last year compared to sales in October, 2007. With inventory down properties will go up in price. according to the Massachusetts Association of Realtors.

Plus the announcement of the drop in interest rate that is a tangible help to today's buyer. It went down a whole .5% to roughly 5 1/2%.

There are reasons to be optimistic in the real estate market in Needham, Massachusetts today.

Pat Baker, Real Estate Expert - Coldwell Banker Residential Brokerage, Needham, MA - Serving my clients in Needham, Wellesley, Dover, Natick, South Natick, Holliston, Sherborn, Weston, Dedham, Millis, Medfield, Medway, Westwood. www.patannbaker.com 617-435-3471

Needham Market Report

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

During the last 7 days there were 9 single family homes that went under agreement. I believe that now the elections are over people can make decisions. That is just me talking out loud, but I have seen more activity since November 4th.

There are lots of buyers out there and there are more properties coming on the market.

I have also noticed there is more activity online as well previewing properties there first. There just seems to be an uptick in the activity.

Gerenerally if someone is looking at this time of year they would like to be in their new home before the holidays if possible. First we Thanksgviing and then all the holidays are launched and people have other shopping on their minds besides shopping for homes.

Interest rates are still great. There was a time when they were up to 19%. It is truly amazing the rates we have enjoyed and I sure hope they stay that way.

Pat Baker, Licensed Real Estate Broker/Agent - Coldwell Banker Residential Brokerage, Needham, MA Serving my clients in Needham, Wellesley, Dover, Dedham, Weston, Westwood, Holliston, Sherborn, Natick, South Natick, Medway, Millis, & Medfield. www.patannbaker.com

NeedhamMA Market

Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA : Real Estate Agent in Needham, MA
A picture is worth a thousand words. Needham is doing well to spite the country. Homes are selling and vales are steady. Needham is very desirable and always will be because of the schools and convenience to Boston, highways, commuter rail and buses. Needham is close to loads of shopping and more to come in that department in neighboring Dedham, MA We hear a lot the expression " Life is good." Well it Life is Actually Good here in Needham. We have a town that cares in so many ways. There are the best clubs and organizations to help where help is needed here and even around the country. Many of Needham's Citizens got together to raise money for the Katrina victims in Mississippi and some traveled there as well. In 2011 Needham will celebrate it's 300 anniversary and many events are planned for the entire year of 2011 and actual start at the end of 2010. It is amazing to think that our town is reaching that many years. We have a rich history and we celebrate it. At the moment we have 98 single family homes on the market in Needham. Ranging in price from Lowest Price: $359,000 to highest at Highest Price: $3,500,000 . Median Price: $749,900 Average Price: $1,012,597

How is it going in Needham these days, real estate-wise.  Not too shabby.  Needham property is moving along. 

Needham average price per square foot

Number of sold homes in Needham

The Wall That Heals is Stopping in Needham, MA

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


The Traveling VietNam Veterans Memorial


http://www.vvmf.org/


Memorial Park, Needham, MA


October 30 - November 2, 2008


Open to the Public 24 hours a day


Free of Charge


Sponsored by:


Town of Needham Board of Selectmen & Memorial Park Trustees


Lt. Manson H. Carter VFW Post 2498


Schedule of Events Opening Ceremony Thursday October 30, 2008


Master of Cermonies, John Logan, Veterans Agent


Posting of Colors - Needham Police Department Honor Guard


Needham Fire Department Honor Guard


National Anthem and Other Patriotic Selection- Pollard Middle School Treble Choir, Under the Direction of Cassandra Peterson


Pledge of Allegiance, Needham Girl Scouts & Needham Boy Scouts


Welcome & Introduction


James G. Healy, Chair Board of Selectmen, Charles Mangine, Memorial Park Trustee


Guest Speaker


Thomas Kelly, MA Secretary of Veterans Svcs. & Congressional Medal of Honor Recipient


Laying of Wreaths


American Legion Post 14, Veterans of Foreign Wars Post 2498


Reading of Needham Servicement Names, Tony Cefalo


Benediction, Reverend John Buehrens


Taps


2:00 pm Friday, October 31, 2008


Master of Ceremonies, Vire Department Veteran


Names of Massachusetts Servicement Read


Benediction, Reverend Heidi Fieldston


Taps



The Three Servicemen Vietnam Women's


War Memorial


12:30 pm Saturday, November 1, 2008


Master of Ceremonies, Thomaqs Leary, Needham Police Chief & Vertera


Posting of Colors - American Legion Post 19 Somerville & Boston Military Pocessing Station


National Anthem


Detective Sergeant Pauline Carter Wells, Cambridge Police Department


Plege of Allegiance - Needham Girl Scouts & Needham Boy Scouts


Flyover - UH (Huey) Det 1 Med Co (Air Ambulance) RI Army National Guard


Guest Speaker


Lieutenant General Ted F. Bowids - Commander, Electronic Systems Center Hanscom Field


Lieutenant(I.g.) Thomas J. Hudner, US Navy, Congressional Medal of Honor


Kevin O'Connor, Director of Veterans Vervices Tyngsborough


"To the Wall They Came" by Trish Sullivan


Benediction Reverend Caroline Edge


Taps


2:00 pm Closing Ceremony Sunday, November 2, 2008


Master of Ceremonies


Tom Keating, Commander, Veterans of oreign Wars Post 2498, Needham


Posting of Colors


Boston University AFROTC Det 355


National Anthem and other Patriotic Selections


Needham High School Marching Band, Gerard Gagnon


Pledge of Allegiance, Needham Girl Scouts & Needham Boy Scouts


Welcome - Co-Chairs The Wall That Heals Committee


John Bullian, Board of Selectmen, Dave DiCicco, Memorial Park Trustees


Remarks


Senator Scott Brown, Representative Lida Harkins, James G. Healy, Chair Needham Board of Selectmen, Ron Sockol, Chair Memorial Park Trustees


Guest Speakers


Bryan O'Brien, VFW National Sergeant of Arms will introduce


Paul A Spera, Vietnam Veteran, Past Commander in Chief, VFW


Benediction, Rabbi Jay Perlman


Bagpipers, Massachusetts State Police


Taps


The graphic was designed for this event by Charles Wright.


Special Thanks to Tony Cefalo who in 1984 donated the land on Sunset Road to the Town as the location for Vietnam Veteran's Memorial for those veterans who gave their lives during that war.

Needham Market October 07 compared to October 08

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

The Needham Market now versus last October.

The market in Needham is ok despite what is going on in other areas. There is some change in the market this October over last October in days on market and list price but considering what is going in all the markets it is really pretty good.

I personally do not think anyone can go wrong purchasing a home in Needham. In years past the Needham Cooperative Bank, now known as the Needham Bank was always happy to lend for a purchase of a home in Needham. They never felt that it was a risk.

I will be adding a report on sold properties now versus same time last year tomorrow.

The rates are still good despite the market volatility.

Report Run: 10/22/2008 11:39:21 AM
Property Type(s): SF
Snapshot Date: 10/22/2007
Towns: Needham
10/22/2007 10/22/2008
Price Range Number of
Listings
Avg. Days
on Market
vs. today Number of
Listings
Avg. Days
on Market
Under $50,000 - - - -
$50,000 - $99,999 - - - -
$100,000 - $149,999 - - - -
$150,000 - $199,999 - - - -
$200,000 - $249,999 - - - -
$250,000 - $299,999 - - - -
$300,000 - $349,999 - - - -
$350,000 - $399,999 3 285 3 120
$400,000 - $449,999 7 132 3 106
$450,000 - $499,999 4 39 5 131
$500,000 - $599,999 11 66 21 63
$600,000 - $699,999 13 93 16 110
$700,000 - $799,999 18 108 9 62
$800,000 - $899,999 6 73 6 226
$900,000 - $999,999 12 136 4 116
$1,000,000 - $1,499,999 28 129 26 121
$1,500,000 - $1,999,999 10 250 15 245
$2,000,000 - $2,499,999 - - - -
$2,500,000 - $2,999,999 3 106 2 252
$3,000,000 - $3,999,999 3 106 2 241
$4,000,000 - $4,999,999 - - - -
$5,000,000 - $9,999,999 - - - -
Over $10,000,000 - - - -
Total Properties 118 Avg. 124 112 Avg. 130
Lowest Price: $385,000
Median Price: $864,000
Highest Price: $3,295,000
Average Price: $1,038,885
Total Market Volume: $122,588,500
Lowest Price: $359,000
Median Price: $799,000
Highest Price: $3,500,000
Average Price: $1,021,865
Total Market Volume: $114,448,900

Pat Baker, Accredited Buyer's Agent - Coldwell Banker Residential Brokerage - Needham, MA - Serving my clients in Needham, Wellesley, Dover, Weston, Natick, South Natick, Dedham, Westwood, Millis, Medway, Mefield, Holliston, Sherborn. www.patannbaker.com 617-435-3471