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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.
The median price of single-family homes increased 3.8 percent in 2011 compared to 2010, a difference of $25,000. Single-
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
2010 – 306 / $665,000
2011 – 281 / $690,000
2010 – 40 / $547,750
2011 – 39 / $530,000
2010 – 2 / $545,000
2011 – 7 / $540,000
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