“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

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

THE LIST AREA'S MOST EXPENSIVE ZIP CODES

This list represents the ranking for household income from the Boston Business Journal date January 2-6, 2009

It appears that the most expensive zip codes by county are Micclesex with 56%, with Norfolk County next at 24%, then Worcester County at 12%, then Essex and Plymouth Counties both at 4%.

The source: ESRI ( Environmental Systems REsearch INstitute, Inc.)
MEDIAN
HOUSEHOLD 2008 AVERAGE POPULATION NUMBER OF HOMES COUNTY
RANK INCOME HOME PRICE

1.Weston $234,061 $1,022,460 11,465 3,706 Middlesex
02493

2.Dover $215,420 $1,013,045 5,732 1,914 Norfolk
02030

3.Carlisle $208,241$ 806,075 4703 1,635 Middlesex
01741

4.Waban $208,023 $ 998,5955,6041,979 Middlesex
02468

5.Sherborn$203,689 $ 862,735 4,338 1,477 Middlesex
01720

6.Wellesley
Hills $199,671 $ 997,935 15,0164,892 Norfolk
02481

7.Sudbury $189,309 $ 748,705 17,257 5,664 Middlesex
01777

8. Lincoln $168,119$ 901,673 5,174 1,998 Middlesex
01773

9. Boxford $157,435$ 720,240 8,369,2,720Essex
01921

10.Needham$155,586 $ 663,485 8935 3,462 Norfolk
Heights
02494

11.Harvard $152,848 $ 723,400 5425 1,869 Worcester
01451

12.Wellesley$152,171 $ 872,797 11,551 3,754 Norfolk
02482

13.Wayland $149,913 $ 713,944 13,065 4,946Middlesex
01778

14.Medfield $140,480 $ 688,660 12,558 4,114 Norfolk
02052

15.Concord $140,436$ 785,691 17,145 6,055Middlesex
01742

16.Newton $139,118 $ 780,558 `18,776 6,998Middlesex
Centre
02459

17.South- $137,737 $ 657,969 9,386 3,121 Worcester
borough
01772

18.Chestnut $137,707 $ 839,533 15,405 4,850 Middlesex
Hill
02467

19.Lexington $136,628$ 731,944 16,7756,292 Middlesex
02421

20.Bolton $135,240 $ 682,692 4,677 1,599 Worcester
01740

21.Needham $133,851$ 763,698 19,689 7,142Norfolk
02492

22.Winchester $133,449 $ 724,976 20,480 7,664 Middlesex
01890

23.Stow $133,449 $511,451 6,120 2,179 Middlesex
01775

24.Westford $133,174$480,636 21,406 7,050 Middlesex
01886

25.Duxbury $131,481 $ 678,723 15,314 5,366 Plymouth

The next 10 most affluent towns:

26. Acton $130,272
01720

27.Hopkinton$128,201
01748

28.Sharon$127,450
02067

29,West-
wood $124,566
02089

30.Auburn-
dale $123,533
02466

31.Bedford $123,315
01730

32.Topsfield $123,269
01983

33.West
Newbury $122,188
01985

34.Norfolk $122,056
02056

35.Boxborough
01719 $121,359

In several cases the average list price is not as high although more affluent. The income in Westford is close to that of Duxbury but the average home price is considerably lower.

Look at the difference in Newton Centre average price to Needham Heights and they are so close in proximatry to each other but Needham has a better tax rate.

Wellesley ranks #2, Lexington ranks #8, Needham ranks 17th for most educated in the nation.

http://www.thebostonchannel.com/education/18420948/detail.html

Pat Baker, Real Estate Expert - Needham, MA Coldwell Banker Residential Brokerage: Serving my clients in: Needham, Dover, Wellesley, Weston,Dedham, Sherborn, Westwood, Newton,&Holliston
www.patannbaker.com 617-435-3471

Golf Courses Needham and nearby

It really is nice to have a golf course in town. Here is the link to the Needham Golf Club

Needham's course is 9 holes. http://www.needhamgolfclub.com We don't have to travel too far out of town to find a golf course either.

I have included other golf courses near to Needham, Massachusetts

Wellesley has 2 The Wellesley Golf Club

http://www.wellesleycc.com/Club/Scripts/Home/home.asp ,

The Nehoiden Country Club at Wellesley College - 9 holes

http://www.ngcwc.org/

Newton has four.

1. The Charles River Country Club http://www.charlesrivercc.org/ ;

2. The Sterling Golf Club - public course http://www.sterlinggolf.com/newton/

3. The Braeburn Golf Club http://www.braeburngolf.com/Club/Scripts/Home/home.asp ;

4. The Woodland Golf Club http://www.woodlandgolfclub.com/Club/Scripts/Home/home.asp

Weston has

1. The Weston Golf Club http://www.westongolfclub.com/Club/Scripts/Home/home.asp

2. Leo G Martin Memorial Golf Course An MDC course that everybody eventually plays: http://national.citysearch.com/profile/11352038/weston_ma/leo_j_martin_memorial_golf_club.html

3. The Pine Brook Country Club http://www.pbccma.com/Club/Scripts/Home/home.asp

Dedham has Dedham Country and Polo Club

http://www.dedhamclub.org/

I must say all are very beautiful and very popular. There is a great spot to go and that is "McGolf" New England's Premier golf spot for a driving range, Year round driving range with 63 bays in
all, and 20 covered hitting bays with heating options...relief from New England's wind,
rain, cold & snow, and shaded from hot summer sun. located in Dedham, Massachusetts

Pat Baker, Broker Associate | Coldwell Banker Residential Brokerage |1 Chapel St., Needham, MA 02492 | 781.444.7400 | C: 617.435.3471 | VM 781-446-8697 E: Pat.Baker@NEMoves.com - www.patannbaker.com Serving my clients in Needham, Wellesley, & Dover, Dedham, Newton, Weston, Westwood, Medfield, Medway, Millis, Sherborn, Holliston.

Needham Area Market Report

Needham Area Market Report 2008

I am comparing the single family sales for 2008 to those of 2007 and the inventory is so low. At this point there are 67 single family homes on the market and some of those are Active with a flag for essentially they are under agreement.

There were less homes sold in 2008 but the median price increased by 5%

The average price increased by 5%

2008 -266 Single Family Homes Sold

Lowest Price: $289,000 Median Price: $657,576
Highest Price: $2,722,732 Average Price: $785,959
Total Market Volume: $209,065,093

2007-373 Single Family Homes sold

Lowest Price: $250,000 Median Price: $626,500
Highest Price: $3,550,000 Average Price: $748,577
Total Market Volume: $279,219,386

Notice the concentration of sold properties between $500K and $599K,between $600K and $699K and $1Million and $1,499,999.

Sold Listings 2008

Price Range # of
Listings
Avg. Days
on Market
Average
Sale Price
Average
List Price
SP:LP
Ratio
Average
Orig Price
SP:OP
Ratio
$0 - $49,999 0 0 $0 $0 0 $0 0
$50,000 - $99,999 0 0 $0 $0 0 $0 0
$100,000 - $149,999 0 0 $0 $0 0 $0 0
$150,000 - $199,999 0 0 $0 $0 0 $0 0
$200,000 - $249,999 0 0 $0 $0 0 $0 0
$250,000 - $299,999 1 45 $289,000 $289,000 100 $359,000 81
$300,000 - $349,999 3 413 $332,333 $358,300 93 $419,633 80
$350,000 - $399,999 9 103 $376,167 $402,622 94 $422,533 90
$400,000 - $449,999 10 103 $422,500 $442,280 96 $448,540 95
$450,000 - $499,999 16 60 $470,888 $492,006 96 $508,803 93
$500,000 - $599,999 61 42 $549,783 $563,410 98 $574,000 96
$600,000 - $699,999 49 70 $640,228 $658,743 97 $674,584 95
$700,000 - $799,999 28 85 $747,354 $771,407 97 $793,371 95
$800,000 - $899,999 16 69 $842,600 $856,231 99 $882,494 96
$900,000 - $999,999 13 100 $951,442 $979,069 97 $1,022,923 94
$1,000,000 - $1,499,999 49 114 $1,231,184 $1,282,853 96 $1,339,547 92
$1,500,000 - $1,999,999 7 263 $1,607,071 $1,795,286 90 $1,876,857 86
$2,000,000 - $2,499,999 3 297 $2,216,667 $2,448,333 91 $2,448,333 91
$2,500,000 - $2,999,999 1 165 $2,722,732 $3,295,000 83 $3,295,000 83
$3,000,000 - $3,999,999 0 0 $0 $0 0 $0 0
$4,000,000 - $4,999,999 0 0 $0 $0 0 $0 0
$5,000,000 - $9,999,999 0 0 $0 $0 0 $0 0
$10,000,000 - $99,999,999 0 0 $0 $0 0 $0 0
Total Properties 266 Avg. 88 $785,959 $819,634 97 $846,480 94
Lowest Price: $289,000 Median Price: $657,576
Highest Price: $2,722,732 Average Price: $785,959
Total Market Volume: $209,065,093

Total Market Volume: $544,000

Sold Listings 2007
Price Range # of
Listings
Avg. Days
on Market
Average
Sale Price
Average
List Price
SP:LP
Ratio
Average
Orig Price
SP:OP
Ratio
$0 - $49,999 0 0 $0 $0 0 $0 0
$50,000 - $99,999 0 0 $0 $0 0 $0 0
$100,000 - $149,999 0 0 $0 $0 0 $0 0
$150,000 - $199,999 0 0 $0 $0 0 $0 0
$200,000 - $249,999 0 0 $0 $0 0 $0 0
$250,000 - $299,999 4 229 $262,225 $280,200 94 $302,800 89
$300,000 - $349,999 3 159 $341,033 $364,633 94 $384,633 90
$350,000 - $399,999 14 97 $375,611 $393,686 96 $418,069 90
$400,000 - $449,999 24 129 $421,552 $442,813 95 $468,479 91
$450,000 - $499,999 33 82 $473,876 $497,400 95 $508,982 93
$500,000 - $599,999 88 70 $549,043 $566,174 97 $578,839 95
$600,000 - $699,999 54 75 $644,402 $663,526 97 $678,874 95
$700,000 - $799,999 40 109 $752,769 $774,485 97 $806,890 94
$800,000 - $899,999 36 125 $842,039 $870,806 97 $923,831 92
$900,000 - $999,999 14 46 $956,109 $973,536 98 $986,500 97
$1,000,000 - $1,499,999 50 112 $1,228,910 $1,288,474 95 $1,355,236 92
$1,500,000 - $1,999,999 7 137 $1,760,714 $1,827,571 96 $1,874,714 94
$2,000,000 - $2,499,999 3 106 $2,096,667 $2,080,000 101 $2,146,667 98
$2,500,000 - $2,999,999 2 119 $2,800,000 $2,922,500 96 $2,922,500 96
$3,000,000 - $3,999,999 1 323 $3,550,000 $3,950,000 90 $4,650,000 76
$4,000,000 - $4,999,999 0 0 $0 $0 0 $0 0
$5,000,000 - $9,999,999 0 0 $0 $0 0 $0 0
$10,000,000 - $99,999,999 0 0 $0 $0 0 $0 0
Total Properties 373 Avg. 96 $748,577 $776,491 97 $807,022 94
Lowest Price: $250,000 Median Price: $626,500
Highest Price: $3,550,000 Average Price: $748,577
Total Market Volume: $279,219,386

Pat Baker, Broker Associate | Coldwell Banker Residential Brokerage |1 Chapel St., Needham, MA 02492 | 781.444.7400 | C: 617.435.3471 | VM 781-446-8697 E: Pat.Baker@NEMoves.com -www.budurl.com/patbakerRE Needham, Wellesley, & Dover.

Needham Schools Rank High

Needham schools still rank high over and over among the best schools in the state of Massachusetts. I have included a link to today's article on the Boston Globe's web site boston.com.

The Needham High School is near complete and the finishing touches are being done. There have been renovations at some of the other schools as well to make room for expansion.

Not only are the public schools great but the Needham's private schools are as well.

Olin College began it's first admissions in 2002. Olin is an alternative to other Engineering schools. The new buildings there are truly beautiful. There a marvelous dining room that we can take advantage of when school is in session. The lunches are great. I haven't tried the dinners but the prices are moderate. The college shares facilities and services with Babson College in Wellesley.

http://www.boston.com/yourtown/wiki/needham/Schools

Pat Baker, Broker Associate | Coldwell Banker Residential Brokerage |1 Chapel St., Needham, MA 02492 | 781.444.7400 | C: 617.435.3471 | VM 781-446-8697 E: Pat.Baker@NEMoves.com - www.patannbaker.com Serving my clients in Needham, Wellesley, & Dover.

New Year's Needham '09

Special Celebration in Needham. The events start on December 31 from 12:00 pm to midnight. This year there are more perfomances offered to cater to Needham residents of all ages.

This event is made possible by the generosity of Roches Bros., Sudbury Farms, Wingate at Needham, Dedham, Needham Bank, Petrini Corp., Condon Realty, Coldwell Banker, Muzi Motors, and Needham Exchange.

www.needarts.org

  • Admission Button $5.00 can be purchased at the folowing locations:
  • Park & Recreation Department
  • Needham Public Library
  • YMCA Charles River Branch
  • Roches Bros. & Sudbury Farms
  • Creative Movement and Arts Center
  • Selectmen's Office
  • Stephen Palmer Senior Center
  • Taylor's Stationery
  • Perennial Designs

Some of the performances include: Fire Performance, Mystic Paper Beasts: "SKY TAILS"/ Christ Episcopal Church; Scenes from "ANNIE" / Creative Movement & Arts Center; 5:30 Grand Masquerade Procession

Check out the link below for more details. Guaranteed to be fun.

The map below shows the perfmorance and exhibit locations:

http://www.needarts.org/newyearsneedhaminformation.html

Pat Baker, Broker Associate | Coldwell Banker Residential Brokerage |1 Chapel St., Needham, MA 02492 | 781.444.7400 | C: 617.435.3471 | VM 781-446-8697 E: Pat.Baker@NEMoves.com - www.patannbaker.com Serving my clients in Needham, Wellesley, & Dover.