Needham, MA

The Needham market continues to be very strong. In the last 7 days 10 properties went under agreement with 6 of those properties from my office - Coldwell Banker Residential Brokerage, Needham, MA and 5 of those properties sold within a month. It is agreat time to be a first time buyer for sure.

2 Days on Market Single Family $659,000

4 Days on Market " " $405,000

4 days on Market " " $595,000

11 Days on Market $519,000

19 days on market " " $669,000

33 days on market " " $545,000

105 days on market " " $599,000

111 days on market " " $649,000

211 days on market " " $589,000

342 days on market " " $1,849,000

There is definitely an uptick in activity and showings. I would say not just in Needham either.

I have buyers looking in Millis, Holliston, Hopkinton, Milford, Natick, & Westwood and I am seeing increased

activity for sure.

The weather this weekend certianly helped too.

Pat Baker, Real Estate Agent - Coldwell Banker Residential Brokerage of Needham, MA

Market Report for Needham

122 Single Family homes for sale in Needham, MA

Average Price: $1,030,173

Median Price: $789,450

1 single family homes on the market between $300,000 and $349,999

2 single family homes on the market between $350,000 and $399,999

4 single family homes on the market between $400,000 and $449,999

6 single family homes on the market between $450,000 and $499,999

15 single family homes on the market between $500,000 and $599,999

22 single family homes on the market between $600,000 and $699,999

13 single family homes on the market between $700,000 and $799,999

3 single family homes on the market between $800,000 and $899,999

5 single family homes on the market between $900,000 and $999,999

30 single family homes on the market between $1,000,000 and $1,499,999

14 single family homes on the market between $ 1,500,000 and $1,999,999

4 single family homes on the market between $2,000,000 and $2,499,999

2 single family homes on the market between $2,500,000 and $2,999,999

1 single family home on the market at $3,500,000

24 sales pending sales

22 properties sold with a median price of $701,886

Coldwell Banker Residential Brokerage, Needham, MA is in the lead spot with 14 sides,10 sales equalling $9,380,500 Next competitor had 6 sides, 6 sales and $5,102,000 in volume.

Pat Baker, Licensed Real Estate Broker
Coldwell Banker Residential Brokerage
cell: 617-435-3471 fax: 781-444-4620
http://pat.baker.wordpress.com

Active Listings as of today 105

Price range $374,000 to $3,500,000

4 single family homes between $400,000 and $449,000

5 " " " " $450,000 and $499,999

15 " " " " $500,000 and $599,999

20 " " " " $609,000 and $699,900

8 " " " " $700,000 and $799,999

4 " " " " $800,000 and $899,999

5 " " " " $ 900,000 and $999,999

4 " " " " $ 800,000 and $899,999

26 " " " " $1,049,000 and $1,499,000

10 " " " " $1,590,000 and $1,849,000

4 " " " " $2,095,000 and $2,399,000

2 " " " " $2,750,000 and $2,900,000

1 " " " at $3,500,000

Median Price: $779,000

Average Price: $1,031,567

Average Days on Market: 126

15 properties sold since 2/24/08

11 properties went under agreement same period

5 Expired listings

Pat Baker, Associate Realtor Coldwell Banker Residential Brokerage, Needham, MA: Search properties, schools, etc. here: www.patannbaker.com

On New Year's Eve our office had the pleasure of displaying some the of unique and creative pottery from the Potter's Shop on Thorpe Street, Needham, MA.  Take her invitation and come in and visit.  They have some wonderful works there.

Pat Baker, Real Estate Agent with Coldwell Banker Residential Brokerage of Needham, MA - Working with buyers and sellers in Needham, Wellesley, Weston, Natick, South Natick, Westwood, Dover, Sherborn, Newton,Holliston

patbaker.wordpress.com

Needham is hot!

Where our Town Needham stands. I would say ...Needham is hot.

Well in the town of Needham property increased 17.9.% over the past 5 years. According to Boston Magazine there are 29 neighborhoods and towns that are holding their value. You would never know it if your only listened to the news. All bad news all the time. Except for yesterday I heard a quote on the News that the National Association of Realtors said that there seems to be recovery coming.

"According to research done by Municipal Benchmarking, which studied Needham against Lexington and Wellesley, and 17 other communities, Needham ranks 4 in MCAS scores."1 There is so much bang for the buck. This is why the market keeps strong and yes there homes in a wide price here too. They don't last long but they come and pretty soon go.

In the past month 19 homes went under agreement between $450,000 and $3,000,000+. In six days there were 6 properties that went under agreement. Needham remains a strong market. There is a great selection of new construction in wonderful neighborhoods.

Needham is a great town to buy your first home and your second, and your third, etc. You are investing wisely here.

*1. Boston Magazine

Pat Baker, Real Estate Agent - Needham Based - Coldwell Banker Residential Brokerage - Servicing buyers and sellers in Needham, Needham Heights, Natick, South Natick, Dover, Dedham, Westwood, Sherborn, Holliston, Newton, Weston, Wellesley. patbaker.wordpress.com