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Needham, MA Median Home Price Plunges on Seven Sales in January 2012
Needham, 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.
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
January 2011 – 10 / $789,500
January 2012 – 7 / $585,000
January 2011 – 3 /$589,000
January 2012 – 2 / $282,000
January 2011 – 0 / $0
January 2012 – 1 / $522,500
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