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Follow on Google News | Needham, MA Median Home Price Plunges on Seven Sales in January 2012Needham, Massachusetts single-family median home prices and sales decreased in January 2012 compared to January 2011, according to data analyzed by Buyers Brokers Only, LLC.
By: Richard Rosa The data were compiled using MLS Property Information Network, Inc, a local multiple listing service. Single-family homes prices fell 25.9 percent in January 2012 compared to the previous year, a difference of $204,500. Single- In January 2012, the median price of condominiums decreased 52.1 percent, or $307,000 compared to January 2011. Condo sales fell 33 percent in January 2012, a difference of just one sale. There was one multi-family home sold in January 2012 in Needham, up from zero sales in the previous month of January. Needham, Massachusetts Real Estate Market Report Sales / Median Price Single-family Homes January 2011 – 10 / $789,500 January 2012 – 7 / $585,000 Condominiums: January 2011 – 3 /$589,000 January 2012 – 2 / $282,000 Multi-family Homes: January 2011 – 0 / $0 January 2012 – 1 / $522,500 Search For Homes For Sale In Needham, Massachusetts (http://www.buyersbrokersonly.com/ End
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