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
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
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
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 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 | |
|
| Total Market Volume: $544,000 |
| 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 | |
|
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 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.

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.
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.
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