Needham, MA Market Report
Needham real estate is off to a great spring start. The activity has been great so far. The weather, however, has not and that is true for New England. The rains were the worst I can remember in about 30 years. I remember that because we were doing major renovations on our own home at that time and the contractors were all backed up due to rain for 6 weeks at that time. Well enough of that and on to the Needham, MA Market Report.
There were 29 single family homes that went under agreement from 3/1/2010 to 3/24/2010. This does not include properties that have accepted offers but are taking back up offers so that number would be higher.
The breakdown of pending sales for single family homes during this period in Needham, MA are as follows:
Between $350,000 and $399,999 1
400,000 and 449,000 2
450,000 and 499,999 1
500,000 and 599,999 7
600,000 and 699,999 8 **
700,000 and 799,999 3
800,000 and 899,999 2
900,000 and 999,999 2
1,000,000 and 1,499,999 8 ***
2,000,000 and 2,499,999 1
There is something interesting about the fact that 8 sold in the 1 million to 1,499,999 range because that market has been slower. Needham is certainly in the luxury home market.
The $600,000 to $699,999 remains strong as it has been.
There are 102 single family homes on the market
