The Greater Boston Association of Realtors has released the Needham market updates for March 2016 and judging from the increase in single-home listings and decrease in pricing, it is clear we have a buyer?s market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. Not surprising, since prices were way lower than last year, the sales have significantly increased.
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Comparing the months of January 2014 and January 2015 in Weston, MA, the number of closed sales of single-family homes increased by 42.9% and the average sales price increased minimally, by 4.5%. The number of days on the market decreased by 2.4%, and the number of new listings in the area decreased by 47.6%. Condominiums in
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In Dover, MA between January 2014 and January 2015 there was a decrease in sales of single-family properties by 85.7% although the average sales price of properties increased by 13.5%. The time spent on the market also increased by 125.1% and there was an increase in new listings in Dover of 33.3%. There were no condominium
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