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Single Family, Condominium, and Multifamily Homes Year End 2014 Davis Square, Massachusetts Market Report

Davis Square Real Estate Market Data - Dwell360

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Dwell360 has published this report on the residential real estate market statistics for 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, and 2005 for Davis Square, Massachusetts. The market statistics include residential sales averages for single family, condominium, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.

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Page 1: Davis Square Real Estate Market Data - Dwell360

Single Family, Condominium, and Multifamily Homes

Year End 2014

Davis Square, Massachusetts

Market Repor t

Page 2: Davis Square Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

3 Bed $400,000 - $1,250,000 8 78 792,750$

4 Bed $470,000 - $1,230,000 7 119 924,857$

5 Bed $540,000 - $1,335,000 4 19 818,125$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 34 56 611,940$

2006 0.407% 23 95 614,430$

2007 -5.878% 26 103 578,313$

2008 7.375% 23 87 620,963$

2009 -8.437% 14 60 568,571$

2010 12.269% 23 79 638,330$

2011 4.640% 19 78 667,947$

2012 5.564% 25 43 705,114$

2013 8.736% 23 15 766,712$

2014 10.441% 19 80 846,763$

Source: MLSPIN, as of 01/15/2015

Davis Square Statistics

Average Sale Price - Number of Bedrooms - 2014

Historical Average Sale Price - Past 10 Years

Single Family Homes

$611,940 $614,430 $578,313

$620,963 $568,571

$638,330 $667,947 $705,114

$766,712

$846,763

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 3: Davis Square Real Estate Market Data - Dwell360

Market stat ist ics

[email protected] | 617-299-1854

Total Sold - Davis Square, MASingle Family, Zip Code 02144, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings

on

Market Sale Price List Price Ratio Orig Price Ratio

$400,000 - $449,999 2 82 $409,000 $442,500 93 $457,000 90

$450,000 - $499,999 1 78 $470,000 $498,500 94 $525,000 90

$500,000 - $599,999 2 116 $539,000 $528,200 102 $528,200 102

$600,000 - $699,999 2 27 $632,500 $587,000 109 $587,000 109

$700,000 - $799,999 3 76 $788,500 $791,600 100 $798,267 99

$800,000 - $899,999 1 21 $841,000 $768,000 110 $768,000 110

$900,000 - $999,999 1 6 $925,000 $849,900 109 $849,900 109

$1,000,000 - $1,499,999 7 107 $1,189,429 $1,261,114 95 $1,293,271 92

Total Properties 19 80 $846,763 $864,968 99 $880,789 98

Source: MLSPIN, as of 01/15/2014

Price Range

Page 4: Davis Square Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

1 Bed $275,000 - $651,000 24 31 389,104$

2 Bed $290,000 - $872,000 105 41 516,526$

3 Bed $402,000 - $1,395,000 47 59 715,664$

4+ Bed $546,500 - $1,299,900 5 90 759,260$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 150 63 441,118$

2006 -6.500% 159 89 412,444$

2007 2.392% 140 96 422,311$

2008 0.831% 118 92 425,821$

2009 5.867% 143 78 450,805$

2010 -4.440% 137 75 430,788$

2011 12.674% 132 71 485,386$

2012 -0.066% 156 65 485,065$

2013 5.177% 153 35 510,178$

2014 9.383% 181 46 558,046$

Source: MLSPIN, as of 01/15/2015

Davis Square StatisticsCondominiums

Average Sale Price - Number of Bedrooms - 2014

Historical Average Sale Price - Past 10 Years

$441,118 $412,444 $422,311 $425,821

$450,805 $430,788

$485,386 $485,065 $510,178

$558,046

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 5: Davis Square Real Estate Market Data - Dwell360

Market stat ist ics

[email protected] | 617-299-1854

Total Sold - Davis Square, MACondominiums, Zip Code 02144, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings

on

Market Sale Price List Price Ratio Orig Price Ratio

$250,000 - $299,999 4 25 $283,750 $275,725 103 $283,225 101

$300,000 - $349,999 7 40 $320,129 $321,797 100 $326,782 99

$350,000 - $399,999 10 55 $379,350 $378,470 100 $378,470 100

$400,000 - $449,999 37 28 $421,651 $411,724 103 $417,022 101

$450,000 - $499,999 19 49 $475,658 $458,278 104 $461,915 103

$500,000 - $599,999 37 47 $543,021 $519,249 105 $523,956 104

$600,000 - $699,999 40 57 $644,251 $632,093 102 $641,923 101

$700,000 - $799,999 15 33 $724,366 $692,440 105 $692,440 105

$800,000 - $899,999 5 46 $829,400 $823,560 101 $813,760 102

$900,000 - $999,999 1 156 $940,022 $989,000 95 $989,000 95

$1,000,000 - $1,499,999 6 84 $1,230,650 $1,257,117 98 $1,281,450 96

Total Properties 181 46 $558,046 $544,825 103 $550,318 102

Source: MLSPIN, as of 01/15/2015

Price Range

Page 6: Davis Square Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2 Units $530,000 - $1,500,000 42 35 809,618$

3+ Units $813,000 - $1,470,000 19 36 1,111,684$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 106 48 671,596$

2006 -7.399% 67 78 621,906$

2007 -4.388% 54 71 594,617$

2008 1.243% 44 75 602,011$

2009 -6.077% 57 45 565,425$

2010 8.917% 51 50 615,846$

2011 7.414% 53 54 661,502$

2012 1.001% 63 40 668,126$

2013 17.672% 51 30 786,194$

2014 14.947% 61 35 903,704$

Source: MLSPIN, as of 01/15/2015

Davis Square StatisticsMultifamily Homes

Average Sale Price - Number of Units in Building - 2014

Historical Average Sale Price - Past 10 Years

$671,596 $621,906 $594,617 $602,011

$565,425 $615,846

$661,502 $668,126

$786,194

$903,704

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 7: Davis Square Real Estate Market Data - Dwell360

Market stat ist ics

[email protected] | 617-299-1854

Multifamily Homes, Zip Code 02144, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings

on

Market Sale Price List Price Ratio Orig Price Ratio

$500,000 - $599,999 6 32 $558,333 $551,317 101 $559,817 100

$600,000 - $699,999 4 76 $628,250 $619,419 103 $619,450 103

$700,000 - $799,999 7 40 $726,870 $716,814 102 $730,243 100

$800,000 - $899,999 14 33 $850,848 $848,707 101 $863,214 99

$900,000 - $999,999 11 29 $924,455 $887,527 105 $957,982 100

$1,000,000 - $1,499,999 18 33 $1,144,111 $1,104,413 105 $1,119,511 104

$1,500,000 - $1,999,999 1 20 $1,500,000 $1,399,000 107 $1,399,000 107

Total Properties 61 35 $903,704 $880,761 103 $903,630 101

Source: MLSPIN, as of 01/15/2015

Total Sold - Davis Square, MA

Price Range

Page 8: Davis Square Real Estate Market Data - Dwell360

www.Dwell360.com [email protected]

617-299-1854

Dwell360 46 Austin Street Suite 302 Newton, MA 02460

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