Needham MA Single Family Home Sale Prices For 2nd Quarter 2016

Market prices in an area continuously fluctuate. The average price of listings sold provides a good overview of a particular area. Other statistics such as the low, median, and high prices provide additional helpful information. The Needham MA single family home sale prices for 2nd quarter 2016 below include trends for the previous few years.

Single Family Property Prices for Needham MA – 2nd Quarter

Average Selling Price

The average selling price in Needham MA for the 2nd quarter decreased 1.16% from $1,003,777 (in 2015) to $992,083 (in 2016). In the time frame prior to that, it increased 3.03% from $974,271 (in 2014) to $1,003,777 (in 2015). Although there is a slight decrease, it really is very little in the big picture of things.

2012 $811,293
2013 $945,821
2014 $974,271
2015 $1,003,777
2016 $992,083

 

Lowest Selling Price of Listings Sold

The lowest selling price in Needham MA for the 2nd quarter increased 43.33% from $330,000 (in 2015) to $473,000 (in 2016). This after it decreased -16.46% from $395,000 (in 2014) to $330,000 (in 2015). Previous to that was a 20.61% change.

2012 $315,000
2013 $327,500
2014 $395,000
2015 $330,000
2016 $473,000

 

Median Price

The median price in Needham MA for the 2nd quarter increased 2.48% from $846,500 (in 2015) to $867,500 (in 2016). This after it decreased -6.46% from $905,000 (in 2014) to $846,500 (in 2015). Before that there was a 5.85% change.

2012 $690,000
2013 $855,000
2014 $905,000
2015 $846,500
2016 $867,500

 

Top Selling Price of Listings Sold

The highest price in Needham MA for the 2nd quarter decreased -29.69% from $3,495,000 (in 2015) to $2,457,500 (in 2016). In the time frame before that, it increased 107.73% from $1,682,500 (in 2014) to $3,495,000 (in 2015). Before that was a -34.02% change.

2012 $1,825,000
2013 $2,550,000
2014 $1,682,500
2015 $3,495,000
2016 $2,457,500

 

Needham MA Single Family Home Sale Prices For 2nd Quarter 2016

For additional Needham MA single family home sale prices for 2nd quarter 2016 or reports for nearby neighborhoods, please contact Bill Kuhlman, Realtor at Kuhlman Residential by calling 781-444-1399 or emailing wmkuhlman@aol.com. Note: This information was pulled from third party sources including public records and the Mass. MLS Property Information Network, Inc. It is meant to offer a general overview of the real estate market, are not guaranteed accurate, and might not include every single family transferred in Needham.