It is nearly the end of July 2009 in Needham and we are enjoying some summer days at long last. The total Needham homes on market as of today is 104 which includes 6 that have accepted offers but will take back up offers.
The list prices range from $199,000 to $2,999,999 with the average list price being $1,085,435. The concentration of the listings being in the $500,000 and $1,999,999.
In the last 30 days there were 24 single family homes that had accepted offers while 44 were sold with the average being $772,824 with the average days on market of 78. For the same time period in 2008 there were 45 sold for an average of 57 days on the market and the average selling price of $762,044.
Between 1,030,000 and $1,300,000 there were 8 properties sold in the past 30 days while there were 12 between $510,000 and $599,450.
For me it has been for me and I expect next month to be the same way or more busy. Needham is a luxury market.
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