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Pat Baker's Blog

By Pat Baker | Agent in Needham, MA

Needham, MA Real Estate May 2011




Needham, MA Real Estate May 2011

There were 36 homes sold in the month of May 2011 with the highest concentration of sales being between $1,000,000 to $1,499,999 - 8 homes sold in that price range.  In the price range between $600,000 and $699,999 there were 10 sales.  The most expensive home sold was $2,195,000 at 100% of asking price.

36 homes sold for 97% of the list price in the month of May 2011

33 homes sold for 98% of the list price in the month of May 2010

The average sale price was  $797,235    May 2011

The average sale price was  $880,064    May 2010

There are 144 single family homes on the market in Needham as this moment.  The average list price is $1,113,602.

Needham, MA is most definitely a luxury market and it is keeping strong.  Homes are still selling in rapid fashion.  

COLDWELL BANKER RESIDENTIAL BROKERAGE is The Massachusetts Luxury Homes Leader with 32.08%  250,000+ homes have been bought or sold over  the last 12 months.

New England Moves. com is the #1 ranked real estate website with more than 900,000 visitors per month.


The average list price was  $815,624    May 2011

The average list price was  $906,627    May 2010

Pat Baker, Realtor
Coldwell Banker Residential Brokerage
1 Chapel Street, Needham, MA
617-435-3471
pat.baker@nemoves.com
www.patannbaker.com 

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