Needham Area Market Report
By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
For the past month there were 26 single family homes sold in Needham with the average price of $739,962 and the average days on market were 64. The highest price was $1,650,000 and the lowest price was $390,000. The sales price to list price ratio was 96% and the sales price price to original price ratio was 93%. Still a very strong market. The concentration of sales were between $500,000 and $599,999 with 10 homes sold and the next highest concentration was 5 homes sold between $1,000,000 to $1,499,999. There are 127 active listings with 6 of those having accepted offers but flagged for contingencies while contingencies are met. There are 39 properties pending or under under agreement with the average price of $882,718. the highest list price being $2,750,000 and the lowest bein...
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