Area Market Survey for Needham, Massachusetts

January 14 to February 14th 2008

Active Listings

84 Single Family homes for sale in Needham, MA ranging in price from $350,000 to $3,500,000

1 - $399,900 810 days on market

2 - $429,000 & $439,000 average days 71

2 - $479,000 & $499,000 average days 69

10 - ranging from $500,000 to $599,999 average days 72

15 - ranging from $600,000 to $699,999 average days 94

7 - ranging from $700,000 to $799,999 average days 72

5 - ranging from $800,000 to $899,999 average days 126

5 - ranging from $900,000 t0 $999,999 average days 122

23 - ranging from $1,000,000 to $1,499,999 average days 120

8 - ranging from $1,500,000 to $1,999,999 average days 324

2 - ranging from $2,000,000 to $2,499,999 average days 67

3 - ranging from $2,500,000 to $2,999,999 average days 297

1 - $350,000 with 91 days on market

3 Expired listings during that time

24 Properties had price changes with total of 25 price changes averaging -6.58% translating to -$66,687.50.

22 Pending/Under Agreement Listings average days on Market 90

11 Properties sold ranging from $484,000 to $1,225,000

Median Price: $749,000

Average Price $ 773,614

Average days on market 107

For the period of 2/14/07 to 2/14/08

#1 Brokerage in Needham is Coldwell Banker Residential Brokerage of Needham with 92 units sold and 107 sides.

Total Listings Selected: 350 Unit Dollar Volume: $529,580,772.00 * Unit Dolar Volume calculated using double count method.

For all you Real Estate Needs contact Pat Baker, Licensed Broker Associate with Coldwell Banker of Needham, Massachusetts: Serving Needham and Metro West which includes: Dover, Wellesley, Weston, Holliston, Sherborn, Dedham, Westwood, Newton. www.patannbaker.com