Between January 2014 and January 2015 in Needham, MA, there was an increase of 63.6% closed sales of single-family homes and the average sales price increased by 15.1%. There was a decrease in new listings of 22.2%. As for condominiums in Needham there was no increase or decrease in closed sales but the average sales price
Check out how much Boston renters paid earlier in 2015! According to this graphic, courtsey
The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.
The median sale price of homes jumped 11% year over year by July 25. The price, $315,000, its the highest sale price registered since 2014.