Pat Laracy Baker, Realtor, GREEN, ABR Needham/Boston, MA

This will be a fun event so mark your calendars for June 20th I AM including the link to the website here too. Steve Songs is really great. I have taken my grandchildren to hear him and was a hit he is. It is called a Good Walk For Kids and it certainly is a good cause. It si a Life is Good Festival and it is on the Boston Common. It will be great I am sure. https://app.e2ma.net/app/view:CampaignPublic/id:11086.1980318810/rid:b8e7d9849b1e60051a12cc9396851515

Mark your calendars! We're back on Boston Common for more great outdoor fun and fundraising at the Life is good Festival on Boston Common, Saturday, June 20th from 11 - 5pm. We'll ring in the summer with an amazing music lineup including five-time Grammy and Lifetime Achievement Award winners The Blind Boys of Alabama, rising national star Brett Dennen, and family-favorite SteveSongs. And we'll keep rockin' all day with food and drink aplenty plus a colorful mix of good-time games and activities for all ages. The day will also feature our first-ever high-energy fundraising walk, the Good Walk for Kids, sponsored by our friends at Harvard Pilgrim Health Care. It's a scenic 3-mile route that can't be beat. Grab family and friends and walk from Boston Common to the beautiful new Rose Kennedy Greenway, take in the Harbor Walk's sweet ocean views, then return to the Common for Festival music and fun. It's a perfect, healthy outing, and it directly helps kids. Register for the Good Walk here. All funds raised at the Festival will be directed by the Life is good Kids Foundation to exceptional Boston-based nonprofit Project Joy, focused on healing and strengthening our poorest, most vulnerable preschoolers. For complete Festival info, including how to volunteer or walk, click here. See you out on the field, Jake and the Crew at Life is good

Life is good | 15 Hudson Park Dr. | Hudson, NH 03051 | www.lifeisgood.com please add us to your address book or safe list. powered by

Pat Baker, Realtor(R), GREEN(R), ABR(R) Coldwell Banker Residential Brokerage 617-435-3471 pat.baker@nemoves.com
http://budurl.com/GreenHomeTips

My market report for Needham compares this same time period to last year.

4/5/09 to 5/5/09 as it compares with 4/5/08 with 5/5/08

There were 20 properties that sold this year versus last year 15 were sold.

The average days on market this past month and year was 127 but the year before was 77

The average sale price this time period was $594,950

While last year same time period was $748,707

The median price this year is $564,500

While last year it ws $665,000

The average price this year for 4/5/2009 to 5/5/2009 was $594,950

While last year the average price was $748,707

The Total Market Volume this year $11,899,000

While last year it was $11,250,000

The average sales price this year was $594,950

While las year the average sales price was $777,113

The sales are as follows for this past month:

1 at $345,000 at 99% of list price and 93% of Original price

2 sold in the $361,000 and $392,000 at 91% of list price and 87% of original price

2 sold at $439,000 and 1 at $430,000 at 98% of list price and 95% of original price

2 sold at $460,000 and the other at $465,000 at 98% of asking price and 95% of original price

4 properties sold in the 500k market at $550,000, $520,000, $595,000, and $579,000

--the average list price came at 97% of the list price and 95 % of the original price

5 properties sold in the 600K market at $683,000, $666,500, $633,500 and $675,000, $604,000

--the average list price came at 97% of the list price and 95% of the original price

1 sold at $735,000 and that was 90% of list price and 74% of the original price 580 days***

1 sold at $947,000 and that was 96% of list price while 81% of original price

1 sold at $1,380,000 which was 99% of list price and 100% of original price - 167 days and started at $1,375, and was changed to $1,399,000

Overall the properties sold at 97% of the list price and 93% original. It was scewed by the 7% at the property that sold for $735,00 which started at $995,000. The price was clearly off at the beginning of the marketing of the property. What still remains a constant in this real estate market is to be priced right in the beginning to save the ultimate agony of what happened in the case of this property.

The strongest part of this market are the properties from $500,000 to $699,999 price range

There are 122 properties on the market today. The properties seem to move in the $500k to $700k range. The $8000 tax credit and the historically low interest rates have brought many into the market. There are some great homes in Needham for every price range.

The breakdown of price as follows:

1 property at $289,000

2 between $350,000 and $399,999

5 between $400,000 and $449,999

7 between $450,000 and $499,999

14 between $500,000 and $599,999

13 between $600,000 and $699,999

10 between $700,000 and $799,999

5 between $900,000 and $999,999

39 between $1,000,000 and $1,499,999

11 between $1,500,000 and $1,999,999

2 between $2,000,000 and $2,499,999

3 between $2,499,999 and $2,999,999

2 between $3,000,000 and $3,999,999

The average days on market are at 97 days

Median Price $939,000

Average Price $1,067,941

There are 27 properties pending with the highest concentration of the market at two price points

7 pending salesbetween $500,000 and $599,999 and 8 between $1,000,000 and $1,499,999.

There were 42 price changes and 16 of those were between $1,000,000 and $1,499,999

With the overall price changes coming to 3.88%

Pat Baker, REALTOR(R), ABR(R), GREEN(R) Coldwell Banker Residential Brokerage - Needham, MA - Serving my clients primarily in Needham, Wellesley, Dover but extending to the MetroWest Boston areas. 617-435-3471 http://budurl.com/GreenHomeTips

It is so nice to now be called a college town as Wellesley and other communities surrounding my metro area. This fairly new college of engineering Olin has a terrific summer campus for pre-school to High School kids. I have provided some info below and a link to more on their website alongwith another link to "mysummercamps.com"

Green Apple Campus is a creative andchallenging program for kids preschool through High School. These programs proved inspire imagination and invention. The programs are rich in science, technology, engineering, architecture, design, robotics, and math. They incorproated hundreds of activities utilizing LEGO(R), Robotics, K'NEX(R), and more!

GreenApple is going Green! See their GreenMachines program. Check out the new Academy programs coming in 2009. Challenging progams for hgh school participants.

Their goal is to provide the highest quality creative building andenrichment programs for kids with an emphasis on participation, skills development and fun.

Summer School and After School programming too.

Olin College of Engineering is located on Olin Way, Needham, MA It is an absolutely amazing campus.

There are other campuses in Illinois.

Check out the summer programs:

http://www.greenapplecamps.com/

http://www.mysummercamps.com/camps/Detailed/GreenApple_Campus_L30805.html

Pat Baker, REALTOR(R), ABR(R), GREEN(R) Coldwell Banker Residential Brokerage - Needham, MA - Serving my clients primarily in Needham, Wellesley, Dover but extending to the MetroWest Boston areas. 617-435-3471 www.patannbaker.com/propertysearch/