New England Properties

Needham Market Report for January 2011 vs January 2010

Needham Market Report January 2011 vs January 2010

Well we have had a really crazy month of snow, ice dams, no school, sink holes, roofs colapsing, not much sunshine and still people need to buy homes.  This is the perfect time to buy a home with the interest rates historically low and the prices for homes.  Needham maintains its luxury market very well and weathers the storm.   There are some great homes for sale in Needham right now.  On to the market report.

 

Needham Market Report For January 2011 vs January 2010

In January of 2011 there were 10 single family homes closed in Needham, MA.

The Average list price for the homes that closed in Needham for January 2011 was $928,700

The Average list price for the homes that closed in Needham for January 2010 was $845,533

The Average sale price for the homes that closed in Needham January 2011 was $902,545

The Average sale price for the homes that closed in Needham for January 2010 was $799,500

Active Properties as of February 5, 2011

Lowest Price: $319,000

Median Price: $1,099,000

Highest Price: $3,295,000

Average Price: $1,244,000

Total Market Volume: $105,740,025