Embed Size (px)
DESCRIPTION
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 Lexington, Massachusetts. The market statistics include residential sales averages for single family and condominium homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.
Citation preview
Single Family and Condominium Homes
Year End 2014
Lexington, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
0-1 Bed $485,000 - $540,000 3 59 516,667$
2 Bed $365,000 - $497,400 6 118 442,900$
3 Bed $462,500 - $1,400,000 77 39 723,136$
4 Bed $460,000 - $2,000,000 145 45 1,014,442$
5 Bed $515,000 - $2,400,000 107 87 1,429,889$
6+ Bed $841,000 - $3,230,000 26 149 1,936,188$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 333 93 862,040$
2006 -4.863% 333 114 820,123$
2007 4.753% 345 114 859,104$
2008 2.539% 306 98 880,915$
2009 -15.352% 319 105 745,673$
2010 10.831% 331 93 826,435$
2011 4.565% 344 87 864,161$
2012 5.792% 369 86 914,211$
2013 8.091% 383 54 988,183$
2014 14.074% 364 65 1,127,258$
Source: MLSPIN, as of 01/15/2015
Lexington Statistics
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
Single Family Homes
$862,040 $820,123 $859,104 $880,915
$745,673 $826,435 $864,161
$914,211 $988,183
$1,127,258
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Single Family Homes, 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
$350,000 - $399,999 1 142 $365,000 $379,000 96 $399,000 91
$400,000 - $449,999 2 158 $427,500 $454,950 94 $454,950 94
$450,000 - $499,999 7 99 $473,986 $518,257 92 $533,114 89
$500,000 - $599,999 24 51 $558,146 $554,092 101 $565,417 100
$600,000 - $699,999 36 47 $647,896 $645,525 100 $652,875 100
$700,000 - $799,999 46 32 $748,199 $730,889 103 $737,696 102
$800,000 - $899,999 34 38 $847,097 $819,682 104 $824,035 103
$900,000 - $999,999 23 42 $947,948 $925,322 103 $934,839 102
$1,000,000 - $1,499,999 122 66 $1,246,842 $1,246,092 100 $1,265,863 99
$1,500,000 - $1,999,999 46 95 $1,679,052 $1,697,828 99 $1,718,948 98
$2,000,000 - $2,499,999 17 134 $2,214,471 $2,301,059 96 $2,371,353 94
$2,500,000 - $2,999,999 4 202 $2,693,750 $2,798,250 96 $2,773,250 97
$3,000,000 - $3,999,999 2 220 $3,135,500 $3,365,000 93 $3,365,000 93
Total Properties 364 65 $1,127,258 $1,130,194 101 $1,146,180 99
Source: MLSPIN, as of 01/15/2015
Price Range
Total Sold - Lexington, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1 Bed 275,000 - $441,540 5 242 345,908$
2 Bed $184,000 - $920,000 36 37 477,319$
3 Bed $195,000 - $1,100,000 22 40 680,705$
4 Bed $180,000 - $928,000 4 79 649,250$
5 Bed $1,000,000 - $1,050,000 2 116 1,025,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 38 67 450,783$
2006 -1.727% 42 103 442,997$
2007 4.765% 35 97 464,108$
2008 0.534% 34 110 466,587$
2009 10.690% 63 114 516,464$
2010 2.000% 60 115 526,791$
2011 3.529% 60 165 545,379$
2012 -11.590% 70 143 482,170$
2013 0.768% 63 71 485,871$
2014 14.945% 69 57 558,486$
Source: MLSPIN, as of 01/15/2015
Lexington StatisticsCondomiums/Townhouses
Avg. Sale Price - No. of Beds - 2014
Historical Average Sale Price - Past 10 Years
$450,783 $442,997 $464,108 $466,587
$516,464 $526,791 $545,379
$482,170 $485,871
$558,486
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Condominiums, 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
$150,000 - $199,999 3 83 $186,333 $189,633 98 $192,967 97
$200,000 - $249,999 0 0 $0 $0 0 $0 0
$250,000 - $299,999 4 111 $289,425 $288,675 100 $299,675 97
$300,000 - $349,999 4 26 $324,250 $327,000 99 $327,000 99
$350,000 - $399,999 11 31 $367,934 $359,964 102 $370,782 100
$400,000 - $449,999 9 131 $436,949 $434,856 101 $438,189 100
$450,000 - $499,999 3 16 $484,667 $484,633 100 $484,633 100
$500,000 - $599,999 8 32 $551,500 $545,325 101 $545,325 101
$600,000 - $699,999 11 36 $643,909 $631,118 102 $639,300 101
$700,000 - $799,999 1 34 $745,000 $769,900 97 $769,900 97
$800,000 - $899,999 5 99 $830,800 $811,400 103 $811,400 103
$900,000 - $999,999 7 18 $934,857 $920,843 102 $920,843 102
$1,000,000 - $1,499,999 3 92 $1,050,000 $1,124,333 93 $1,157,667 91
Total Properties 69 57 $558,486 $555,210 101 $560,906 100
Source: MLSPIN, as of 01/15/2015
Total Sold - Lexington, MA
Price Range
www.Dwell360.com [email protected]
617-299-1854
Dwell360 46 Austin Street Suite 302 Newton, MA 02460
Trust. Knowledge. Experience.
You want an agent who cares – We are experienced real estate agents who use professional marketing tools. We have neighborhood insight and are current with local market conditions. We know the inventory, have opinions about each property, are confident negotiators, and care about our clients – because buying and selling a home is a big deal!
