The Massachusetts Association of REALTORS® (MAR) reported that neither leaf peeping, leaf raking or any other fall activity kept buyers from viewing and making offers on homes in October as pending home sales were up 32 percent from the same month last year. REALTORS’® confidence in the market was high in October as the REALTOR® Market Confidence and Price Indexes were both up from October 2014.
You either Need Ham or Don’t Need Ham, this town is the focus of today’s post, because WE
The sales of single family homes in Needham are going strong, and prices decreasing slightly. Let’s look at some numbers and break it down:
of single family homes as of October. This is slightly below the overall Massachusetts single family housing activity report (+7.8% YoY change) for October 2015.
of single family homes as of October. This trend is the complete opposite of what we are seeing as compared to the overall Massachusetts single housing activity report (+3.1% YoYchange) for October 2015. On average most homes in this area sold at 96% of their original list price.
for single family homes as of October to 80 days. This is much higher than the overall Massachusetts single family housing report which shows a decrease (-9.6% YoY change) for October 2015 which stands at 66 days. This information is a bit skewed due to a few properties that sat on the market for a while that ended up being sold. Three of the homes that sat on the market the longest were 554 days, 189 days, and 178 days.
of single family homes as of October. This reduction in inventory is greater than the overall Massachusetts single family housing report (-15.6% YoY change) for October 2015.