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Needham, MA Single-Family Home Prices Rise, Sales Fall 2011

The median price of single-family homes in Needham, Massachusetts rose, but sales fell in 2011 compared to 2010, according to data analyzed by exclusive buyer agent real estate firm Buyers Brokers Only, LLC.

 
PRLog - Mar. 15, 2012 - The median price of single-family homes in Needham, Massachusetts increased as sales decreased in 2011, according to data analyzed by Haverhill-based Buyers Brokers Only LLC (http://www.buyersbrokersonly.com/mezini.htm), an exclusive buyer agent real estate brokerage firm.

The median price of single-family homes increased 3.8 percent in 2011 compared to 2010, a difference of $25,000.  Single-family home sales fell 8.2 percent in 2011, a difference of 25 sales compared to 2010.

The median price of condominiums decreased 3.2 percent in 2011, a difference of $17,750 compared to the year before. Condo sales in Needham, MA were flat, with one less sale in 2011 than in the previous year.

Multi-family home prices decreased 1 percent in 2011, a difference of $5,000 compared to 2010. Sales of multi-family homes increased 250 percent in 2011, an increase of five sales compared to 2010.

The data were compiled using MLS Property Information Network, Inc, a local multiple listing service.

Needham, Massachusetts Real Estate Market Report

       Sales / Median Price

Single family

2010 – 306 / $665,000
2011 – 281 / $690,000

Condominiums

2010 – 40 / $547,750
2011 – 39 / $530,000

Multi family

2010 – 2 / $545,000
2011 – 7 / $540,000

Search For Homes For Sale In Needham, Massachusetts
(http://www.buyersbrokersonly.com/home-listings.htm)

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About Buyers Brokers Only, LLC: Buyers Brokers Only exclusively represents home buyers, providing real estate advice and legal counsel (through our lawyers' law offices) at no additional cost to its clients throughout Massachusetts and New Hampshire.
http://BuyersBrokersOnly.com

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Contact Email:
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Source:Richard Rosa
Phone:978.835.5906
Zip:01830
City/Town:Haverhill - Massachusetts - United States
Industry:Real Estate, Needham, Market report
Tags:needham, MA, massachusetts buyer agent, exclusive buyer broker, Real Estate, needham market report, needham median price
Shortcut:prlog.org/11783730
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