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Needham Market Report

$2,083,977

AVERAGE PRICE OF 47 HOMES

$3,052,286

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,894,430

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$3,106,138

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$1,524,667

AVERAGE PRICE OF 3 HOMES WITH A POOL

$2,921,000

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $2,083,977
Avg Bedrooms 3.74 beds
Avg Bathrooms 4.17 baths

Average Price by Bedrooms

1 bedroom $415,000
2 bedrooms $549,000
3 bedrooms $932,500
4 bedrooms $1,569,500
5 bedrooms $2,594,286
Needham Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 50 46 40 62 73
Average Price $2,203,487 $2,044,347 $2,117,919 $2,012,346 $1,892,188
Avg Price Change +7.78% -3.60% +5.25% +6.35% +6.22%
Median Price $2,177,387 $1,834,258 $1,961,677 $1,845,588 $1,466,758
Med Price Change +18.71% -6.95% +6.29% +25.83% +8.65%
Avg Bedrooms 3.9 beds 3.69 beds 3.67 beds 3.75 beds 3.75 beds
Avg Bathrooms 4.31 baths 3.87 baths 4.03 baths 3.88 baths 3.74 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Needham High 12 $2,778,575 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 47 $2,083,977 104 days
Distressed Homes 7 $3,052,286 27 days
Multi-Million Dollar Homes 30 $2,894,430 59 days
Newly Built Homes 21 $3,106,138 60 days
Homes with a Pool 3 $1,524,667 11 days
Reduced Price Homes 4 $2,921,000 135 days

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Berkshire Hathaway HomeServices Commonwealth Real Estate
Vasilina Waldron
4 West Mill St.
Medfield, MA 02052
508-292-6344
Samuel Melkonian, President
NMLS 13062 and CA-DFPl13062
Boston Mortgage Solutions, LLC
Licenced in MA, NH and CA
MB2403, 12978-MBR and 60DBO-147331
41 Shirley Rd.
Needham, MA 02494
781-453-2900 X105 Direct
781-300-7800 Fax
617-913-0603 Cell

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