Got Questions? Call Osnat Now : 617.833.1055

Market Trends 2011-2012


Below you’ll find information on how the market has change during 2012 with compare to 2011

      Ashland, Arlington, Brookline, Cambridge, Framingham, Lexington, Newton,
Change in market   Needham, Natick, Sudbury, Wayland, Weston, Wellesley, Wstwood,
2011 VS 2012     Winchester, Somerville and Boston (South End, Back Bay & Allston Brighton)  
                 
Ashland Sold         Arlington Sold      
Single Family 2011 2012 %Different    Single Family 2011 2012 %Different 
Avg.
sale price
380,062 354,900 -6.60%   Avg. sale price 546,539 552,794 1.14%
Median
price
368,000 324,900 -11.70%   Median price 517,500 521,000 0.68%
Avg.
Days on Market
93 104 11.80%   Avg. Days on Market 62 41 -33.87%
Number
of Sold
97 129 33.00%   Number of Sold 264 292 10.61%
                 
Brookline Sold         Brookline Sold      
Single Family 2011 2012 %Different    Condo 2011 2012 %Different 
Avg.
sale price
1,410,810 1,489,053 5.50%   Avg. sale price 562,063 575,321 2.36%
Median
price
1,205,000 1,247,250 3.50%   Median price 490,000 500,000 2.04%
Avg.
Days on Market
125 52 -58.40%   Avg. Days on Market 75 60 -20.00%
Number
of Sold
160 133 -16.90%   Number of Sold 473 559 18.18%
                 
Cambridge Sold         Cambridge Sold      
Single Family 2011 2012 %Different    Condo 2011 2012 %Different 
Avg.
sale price
1,074,837 1,195,111 11.20%   Avg. sale price 498,299 510,596 2.47%
Median
price
782,000 885,000 13.20%   Median price 422,250 446,250 5.68%
Avg.
Days on Market
69 72 4.30%   Avg. Days on Market 82 57 -30.49%
Number
of Sold
114 127 11.40%   Number of Sold 714 839 17.51%
                 
Framingham Sold         Lexington Sold      
Single Family 2011 2012 %Different    Single Family 2011 2012 %Different 
Avg.
sale price
320,670 329,877 2.90%   Avg. sale price 864,161 914,211 5.79%
Median
price
295,250 309,500 4.80%   Median price 746,250 800,000 7.20%
Avg.
Days on Market
98 94 -4.10%   Avg. Days on Market 87 86 -1.15%
Number
of Sold
394 473 20.10%   Number of Sold 344 369 7.27%
                 
Natick Sold         Natick Sold      
Single Family 2011 2012 %Different    Condo 2011 2012 %Different 
Avg.
sale price
463,282 503,656 8.70%   Avg. sale price 354,514 319,540 -9.87%
Median
price
411,000 438,905 6.80%   Median price 379,120 344,000 -9.26%
Avg.
Days on Market
86 69 -19.80%   Avg. Days on Market 143 92 -35.66%
Number
of Sold
286 289 1.00%   Number of Sold 188 166 -11.70%
                 
Needham Sold         Needham Sold      
Single Family 2011 2012 %Different    Condos 2011 2012 %Different 
Avg.
sale price
818,141 807,459 -1.30%   Avg. sale price 490,260 459,033 -6.37%
Median
price
690,000 699,000 1.30%   Median price 530,000 455,000 -14.15%
Avg.
Days on Market
100 101 1.00%   Avg. Days on Market 91 114 25.27%
Number
of Sold
281 335 19.20%   Number of Sold 39 53 35.90%
                 
Newton Sold         Newton Sold      
Single Family 2011 2012 %Different    Condos 2011 2012 %Different 
Avg.
sale price
909,395 972,357 6.90%   Avg. sale price 470,848 513,443 9.05%
Median
price
760,000 805,000 5.90%   Median price 414,000 456,000 10.14%
Avg.
Days on Market
87 76 -12.60%   Avg. Days on Market 107 94 -12.15%
Number
of Sold
517 633 22.40%   Number of Sold 248 317 27.82%
                 
Sudbury Sold         Wayland Sold      
Single Family 2011 2012 %Different    Single Family 2011 2012 %Different 
Avg.
sale price
684,804 667,721 -2.50%   Avg. sale price 616,096 642,319 4.26%
Median
price
625,000 615,000 -1.60%   Median price 560,000 540,000 -3.57%
Avg.
Days on Market
154 140 -9.10%   Avg. Days on Market 143 139 -2.80%
Number
of Sold
181 227 25.40%   Number of Sold 123 183 48.78%
                 
Weston Sold         Wellesely Sold      
Single Family 2011 2012 %Different    Single Family 2011 2012 %Different 
Avg.
sale price
1,513,791 1,537,136 1.50%   Avg. sale price 1,249,963 1,187,340 -5.01%
Median
price
1,150,000 1,300,000 13.00%   Median price 1,000,000 963,750 -3.63%
Avg.
Days on Market
145 176 21.40%   Avg. Days on Market 133 118 -11.28%
Number
of Sold
107 141 31.80%   Number of Sold 283 360 27.21%
                 
Weswood Sold          Winchester
Sold
     
Single Family 2011 2012 %Different    Single Family 2011 2012 %Different 
Avg.
sale price
605,023 714,919 18.20%   Avg. sale price 825,546 836,594 1.34%
Median
price
527,450 560,000 6.20%   Median price 720,000 705,000 -2.08%
Avg.
Days on Market
131 125 -4.60%   Avg. Days on Market 91 98 7.69%
Number
of Sold
116 175 50.90%   Number of Sold 179 191 6.70%
                 
Boston South-End Sold       Boston
Back-Bay Sold
   
condo 2011 2012 %Different    Condo 2011 2012 %Different 
Avg.
sale price
663,910 705,213 6.20%   Avg. sale price 1,127,283 1,180,506 4.72%
Median
price
564,000 590,000 4.60%   Median price 770,000 783,750 1.79%
Avg.
Days on Market
85 67 -21.20%   Avg. Days on Market 131 105 -19.85%
Number
of Sold
497 547 10.10%   Number of Sold 433 542 25.17%
                 
Boston Allston/Brighton Sold       Somerville
Sold
     
Condo 2011 2012 %Different    Condo 2011 2012 %Different 
Avg.
sale price
280,724 285,617 1.70%   Avg. sale price 390,797 400,852 2.57%
Median
price
250,000 255,000 2.00%   Median price 360,500 385,000 6.80%
Avg.
Days on Market
92 59 -35.90%   Avg. Days on Market 89 62 -30.34%
Number
of Sold
311 341 9.60%   Number of Sold 352 459 30.40%
                 
                 
Blue Median
price and Average Price of 2012 are both up compare with 2011
 
Yellow Median
price and Average Price of 2012 are both down compare with 2011
Green Median
price and Average Price of 2012 are the Same as of 2011
 
* Source: Reference
statistics from MLS PIN
         

Leave a Reply

Your email address will not be published. Required fields are marked *