25 Houses have been Sold in Needham, MA 02492, 02494
35 Houses Under Agreement in Needham, MA 02492, 02494
6Houses have Expired from the market in Needham, MA 02492, 02494
3 Houses Canceled their listings in Needham, MA 02492, 02494
We are seeing Spring in action here, the number of listings, and sales have jumped here, but the Under Agreement, Expired’s and Canceled homes have all diminished. To me, what this indicates is that we are returning to a more sane market. Now let’s get to the numbers.
$821,116 Sold List Price $800,952 Sold Price almost 97% of asking price with 54.92 Days on Market
$1,467,541 Under Agreement List 100.95 Days on Market
$970,783 Expired Listing 89.50 Days on Market
$1,112,333 Canceled Listing 145.33 Days on Market
It is Spring and so we have more activity. The number of homes on the market is up, the prices came down and the time on market is coming down. This is a normal cycle. The interesting thing in this month for Needham is that some more high end homes finally realized that sitting on the market at a high price and going no where is time to make a change. Pricing your home correctly is the key to getting buyer. Then, of course working with a professional who knows how to market your home and get it sold is also key.
Buying a home in any market is a process where a professional approach is most beneficial. On whichever side of the deal you sit using professional skills to value and negotiate the process to the best results for you demands knowledge and experience. Visit Discovering Wellesley, MA on Facebook for more Needham MA information. This has been the Needham, MA 02492, 02494 Housing Market Reports for April 2011
Larry Lawfer
Realtor®, Director of Marketing
RE/MAX Landmark, YourStorys Realty
larry@lawfer.com,
972-322-7776
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