New England Properties

Needham, MA Norfolk County RE Market Report for 2011

Needham, MA Norfolk County RE  Market Report for 2011

There were 280 homes that closed in calendar year 2011.

There were 306 homes sold in calendar year 2010.

Units sold in 2011 was a decreased by 8.5% 26 homes over 2010 but the there was a slight increase in the asking price by 1.0088%. and 1.02% increase in sales price.

The Average list price for the homes that closed in Needham for the year 2011 was $847,445

 The Average list price for the homes that closed in Needham for the year 2010 was $840,063

The Average sale price for the homes that closed in Needham for the year 2011 was $819,163

The Average sale price for the homes that closed in Needham for year 2010 was $805,643

 The Average Market time for the homes that closed in Needham for your 2011 was 100 days.

The Average Market time for the homes that closed in Needham in year 2010 was 90 days.

In the year 2011 53 homes sold between $1,000,000 and $1,499,999

In both 2010 and 2011 Needham homes sold for 97% of the list price.