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needham recession proof: Needham Market Report - 05/20/09 10:06 PM

There are 61 single family homes on the market $1,000,000 and up to $3.499,000.  The average List price is $1,500,331 for that portion of the Needham luxury market.
Essentially almost half the inventory is over a million dollars.  The total properties on the market is 135 single family homes.  Median price range for all inventory is $899,000 and average price is $1,037,828.
The strongest part of the market is from $500,000 to $899,000 as far as properties under agreement for the past month.
For the first quarter of 2009 home sold at 94% of asking price.  The price change was 17.9% for … (2 comments)

needham recession proof: Recession Proof Needham - 05/22/08 04:14 PM
That is the front page lead article in the Needham Hometown Weekly "Recession Proof Needham."  Now I have been saying that for a while.  I know that it is true.  While we are constantly bombarded with bad news all the time 24/7 this is great news.  It is evident by the way the homes for sale in Needham, MA are going under agreement faster than you can get your clients in to see the property.
One agent told me that she has had 100 people come today to see her new listing.  There are multiple offers and I know that one other … (4 comments)

 
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts

Needham, MA

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Coldwell Banker Residential Brokerage

Address: Coldwell Banker Residential Brokerage, 1 Chapel Street, Needham, MA , 02492

Office Phone: (617) 435-3471

Cell Phone: (617) 435-3471

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