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Market Trends 2009-2010


Below you’ll find information on how the market has change in 2010 with compare to 2009

Ashland, Arlington, Brookline, Cambridge, Framingham, Lexington, Newton,
Change in market Needham, Natick, Sudbury, Wayland, Weston, Wellesley, Westwood,
2009 VS 2010 Winchester, Somerville and Boston (also by neighborhoods)
Ashland Sold Arlington Sold
Single Family 2009 2010 %Different Single Family 2009 2010 %Different
Avg.
sale price
345,489 383,811 11.10% Avg. sale price 510,301 537,511 5.33%
Median
price
329,900 359,900 9.10% Median price 488,000 500,000 2.46%
Avg.
Days on Market
95 96 1.10% Avg. Days on Market 52 49 -5.77%
Number
of Sold
131 109 -16.80% Number of Sold 247 277 12.15%
Brookline Sold Brookline Sold
Single Family 2009 2010 %Different Condo 2009 2010 %Different
Avg.
sale price
1,315,895 1,370,863 4.20% Avg. sale price 534,503 525,805 -1.63%
Median
price
1,225,000 1,156,750 -5.60% Median price 454,500 468,000 2.97%
Avg.
Days on Market
106 96 -9.40% Avg. Days on Market 79 74 -6.33%
Number
of Sold
125 136 8.80% Number of Sold 504 493 -2.18%
Cambridge Sold Cambridge Sold
Single Family 2009 2010 %Different Condo 2009 2010 %Different
Avg.
sale price
1,079,621 1,158,321 7.30% Avg. sale price 458,755 493,729 7.62%
Median
price
761,250 862,500 13.30% Median price 415,000 426,250 2.71%
Avg.
Days on Market
86 72 -16.30% Avg. Days on Market 78 82 5.13%
Number
of Sold
110 127 15.50% Number of Sold 664 662 -0.30%
Framingham Sold Lexington Sold
Single Family 2009 2010 %Different Single Family 2009 2010 %Different
Avg.
sale price
321,281 322,233 0.30% Avg. sale price 743,180 826,864 11.26%
Median
price
300,000 305,500 1.80% Median price 650,000 745,000 14.62%
Avg.
Days on Market
106 93 -12.30% Avg. Days on Market 105 92 -12.38%
Number
of Sold
443 429 -3.20% Number of Sold 318 331 4.09%
Natick Sold Natick Sold
Single Family 2009 2010 %Different Condo 2009 2010 %Different
Avg.
sale price
477,783 467,890 -2.10% Avg. sale price 322,616 347,573 7.74%
Median
price
420,000 400,000 -4.80% Median price 309,000 370,000 19.74%
Avg.
Days on Market
97 73 -24.70% Avg. Days on Market 94 113 20.21%
Number
of Sold
261 255 -2.30% Number of Sold 130 173 33.08%
Needham Sold Needham Sold
Single Family 2009 2010 %Different Condos 2009 2010 %Different
Avg.
sale price
775,293 805,643 3.90% Avg. sale price 487,472 482,635 -0.99%
Median
price
655,900 665,000 1.40% Median price 335,000 547,750 63.51%
Avg.
Days on Market
89 90 1.10% Avg. Days on Market 153 131 -14.38%
Number
of Sold
273 306 12.10% Number of Sold 38 40 5.26%
Newton Sold Newton Sold
Single Family 2009 2010 %Different Condos 2009 2010 %Different
Avg.
sale price
842,329 882,812 4.80% Avg. sale price 471,939 464,525 -1.57%
Median
price
711,000 744,150 4.70% Median price 422,500 401,500 -4.97%
Avg.
Days on Market
78 76 -2.60% Avg. Days on Market 102 125 22.55%
Number
of Sold
510 518 1.60% Number of Sold 239 261 9.21%
Sudbury Sold Somerville
Sold
Single Family 2009 2010 %Different Single Family 2009 2010 %Different
Avg.
sale price
650,701 703,175 8.10% Avg. sale price 409,059 466,174 13.96%
Median
price
600,000 639,000 6.50% Median price 377,000 402,500 6.76%
Avg.
Days on Market
142 154 8.50% Avg. Days on Market 79 67 -15.19%
Number
of Sold
159 187 17.60% Number of Sold 63 78 23.81%
Somerville Sold Somerville
Sold
Condo 2009 2010 %Different Multi Family 2009 2010 %Different
Avg.
sale price
371,827 377,770 1.60% Avg. sale price 478,343 515,494 7.80%
Median
price
363,000 359,000 -1.10% Median price 466,250 504,500 8.20%
Avg.
Days on Market
90 83 -7.78% Avg. Days on Market 82 70 -14.60%
Number
of Sold
359 373 3.90% Number of Sold 156 144 -7.70%
Wayland Sold Wellesley Sold
Single Family 2009 2010 %Different Single Family 2009 2010 %Different
Avg.
sale price
585,245 629,815 7.62% Avg. sale price 1,152,215 1,106,015 -4.01%
Median
price
535,000 565,000 5.61% Median price 925,000 937,500 1.35%
Avg.
Days on Market
125 140 12.00% Avg. Days on Market 117 124 5.98%
Number
of Sold
128 133 3.91% Number of Sold 268 304 13.43%
Weston Sold Westwood Sold
Single Family 2009 2010 %Different Single Family 2009 2010 %Different
Avg.
sale price
1,386,373 1,314,860 -5.20% Avg. sale price 619,320 638,580 3.10%
Median
price
1,250,000 1,091,500 -12.70% Median price 522,500 535,000 2.40%
Avg.
Days on Market
165 182 10.30% Avg. Days on Market 121 101 -16.50%
Number
of Sold
99 114 15.20% Number of Sold 139 123 -11.50%
 Winchester Sold Boston Sold
Single Family 2009 2010 %Different Single Family 2009 2010 %Different
Avg.
sale price
766,767 785,368 2.43% Avg. sale price 437,448 517,616 18.30%
Median
price
710,000 697,250 -1.80% Median price 335,000 360,000 7.50%
Avg.
Days on Market
119 88 -26.05% Avg. Days on Market 107 89 -16.80%
Number
of Sold
187 204 9.09% Number of Sold 911 908 -0.30%
Boston Sold Boston Sold
Multi Family 2009 2010 %Different Condo 2009 2010 %Different
Avg.
sale price
337,764 432,769 28.10% Avg. sale price 452,234 520,581 15.11%
Median
price
275,000 321,000 16.70% Median price 348,000 369,999 6.32%
Avg.
Days on Market
103 71 -31.10% Avg. Days on Market 105 101 -3.81%
Number
of Sold
884 789 -10.70% Number of Sold 3,615 3707 2.54%
Boston South-End Sold Boston
Back-Bay Sold
condo 2009 2010 %Different Condo 2009 2010 %Different
Avg.
sale price
645,280 642,250 -0.50% Avg. sale price 990,020 1,222,640 23.50%
Median
price
545,000 547,500 0.50% Median price 682,500 825,000 20.88%
Avg.
Days on Market
95 94 -1.10% Avg. Days on Market 118 131 11.02%
Number
of Sold
455 502 10.30% Number of Sold 351 447 27.35%
Boston Allston/Brighton Sold Boston
Allston/Brighton Sold
Condo 2009 2010 %Different Multi Family 2009 2010 %Different
Avg.
sale price
293,999 283,511 -3.60% Avg. sale price 628,970 575,624 -8.48%
Median
price
266,500 251,000 -5.80% Median price 575,000 555,000 -3.48%
Avg.
Days on Market
83 89 7.20% Avg. Days on Market 68 86 26.47%
Number
of Sold
314 337 7.30% Number of Sold 47 55 17.02%
Boston Jamaica Plain Sold Boston
Jamaica Plain Sold
Condo 2009 2010 %Different Multi Family 2009 %Different
Avg.
sale price
350,987 354,894 1.10% Avg. sale price 482,564 556,167 15.25%
Median
price
318,000 321,500 1.10% Median price 505,000 532,000 5.35%
Avg.
Days on Market
86 80 -7.00% Avg. Days on Market 116 51 -56.03%
Number
of Sold
321 325 1.20% Number of Sold 24 30 25.00%
Boston East Boston Sold Boston
South Boston Sold
Multi Family 2009 2010 %Different Multi Family 2009 2010 %Different
Avg.
sale price
258,479 272,491 5.40% Avg. sale price 503,764 607,811 20.65%
Median
price
230,000 270,000 17.40% Median price 461,000 490,750 6.45%
Avg.
Days on Market
94 98 4.30% Avg. Days on Market 53 30 -43.40%
Number
of Sold
107 92 -14.00% Number of Sold 47 40 -14.89%
Blue  Price
of 2010  up compare with 2009
Yellow  Price
of 2010 are down compare with 2009
Green Price
of 2010 are the Same as of 2009
* Source: Reference
statistics from MLS PIN

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