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May 2015 Local Market Update - Needham, MA

Between May 2014 and May 2015 for Needham, MA, the number of sales closed on single-family homes decreased by 20%, while the average sales price decreased by 22.3%. The number of days of the houses on the market increased by 39.1% and new listings in Needham decreased by 31.8%.

As for condominium properties in the area, the sales did not increase or decrease, and the average sales price decreased by 24.9%. The number of days on the market for condos in Needham increased by 118.7% and the number of new listings increased by 9.1%.