New England Properties

Needham, MA Real Estate Market Report July 2011


In July of 2011 there were 31 homes that closed within the month for Needham, MA. this was a increase of  5 units as there were  26 homes that closed in July of 2010.

So there were more units sold and the homes sold for more in July 2011 as compared to July 2010.  Notice the list price was lower than last year in July 2011.  Pricing is key in marketing a home but then it always is.

The Average list price for the homes that closed in Needham for July 2011 was $883,303

The Average list price for the homes that closed in Needham for July of 2010 was $894,269

The Average sale price for the homes that closed in Needham for July of 2011 was $861,073

The Average sale price for the homes that closed in Needham for July of 2010 was $849,412

The Average Market time for the homes that closed in Needham in July of 2011 was  110 days.

The Average Market time for the homes that closed in Needham in July of 2010 was 101  days.

22 single family homes went under agreement in Needham, Massachusetts for the month of July, 2011. The average list price of the homes that went under agreement was $. The average time on the market for these Needham homes were  97 days.