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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 Milton, 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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Single Family, Condominium, and Multifamily Homes
Year End 2014
Milton, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1-2 Bed $185,000 - $560,000 16 49 378,744$
3 Bed $165,000 - $1,300,000 99 59 497,968$
4 Bed $330,000 - $1,400,000 96 75 648,214$
5 Bed $555,000 - $1,270,500 22 68 892,432$
6 Bed $435,500 - $2,320,000 5 275 155,700$
7+ Bed $770,000 - $2,400,000 5 206 1,584,200$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 292 88 545,923$
2006 0.909% 203 144 550,887$
2007 -1.450% 218 120 542,900$
2008 -4.406% 230 109 518,982$
2009 -2.615% 208 103 505,411$
2010 7.913% 205 107 545,404$
2011 -4.447% 223 108 521,151$
2012 4.437% 251 103 544,274$
2013 8.079% 273 72 588,247$
2014 5.580% 243 73 621,071$
Source: MLSPIN, as of 02/05/2015
Milton Statistics
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
Single Family Homes
$545,923 $550,887 $542,900 $518,982 $505,411
$545,404 $521,151 $544,274
$463,282 $621,071
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Single Family, 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 2 40 $175,000 $202,350 87 $202,350 87
$200,000 - $249,999 2 199 $241,500 $305,000 80 $317,500 77
$250,000 - $299,999 2 187 $272,500 $299,000 91 $324,400 84
$300,000 - $349,999 13 72 $323,561 $334,285 97 $347,431 94
$350,000 - $399,999 20 65 $373,425 $377,145 99 $393,455 96
$400,000 - $449,999 37 55 $427,912 $423,862 102 $431,092 100
$450,000 - $499,999 24 52 $476,567 $478,742 100 $486,701 98
$500,000 - $599,999 50 59 $545,740 $552,402 99 $559,982 98
$600,000 - $699,999 27 44 $650,237 $664,704 98 $677,559 96
$700,000 - $799,999 17 92 $743,115 $754,159 99 $763,676 98
$800,000 - $899,999 20 89 $849,125 $853,635 100 $865,595 98
$900,000 - $999,999 8 81 $955,486 $989,988 97 $1,005,600 95
$1,000,000 - $1,499,999 18 150 $1,188,800 $1,258,222 95 $1,276,778 94
$1,500,000 - $1,999,999 0 0 $0 $0 0 $0 0
$2,000,000 - $2,499,999 3 165 $2,365,333 $2,766,667 86 $2,816,667 84
Total Properties 243 73 $621,071 $637,870 98 $649,258 97
Source: MLSPIN, as of 02/05/2015
Price Range
Total Sold - Milton, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1 Bed $270,000 - $475,000 2 22 372,500$
2 Bed $195,000 - $665,000 14 101 342,616$
3+ Bed $195,000 - $1,072,500 9 134 440,490$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 34 481 528,637$
2006 -13.840% 18 392 455,472$
2007 -17.122% 18 204 377,486$
2008 18.508% 10 150 447,350$
2009 -13.608% 9 139 386,475$
2010 -6.728% 18 238 360,472$
2011 20.198% 20 79 433,279$
2012 -9.887% 17 200 390,441$
2013 7.834% 25 204 421,029$
2014 -9.687% 25 107 380,242$
Source: MLSPIN, as of 02/05/2015
Milton StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
$528,637
$455,472
$377,486
$447,350
$386,475 $360,472
$433,279 $390,441
$421,029 $380,242
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 2 199 $195,000 $203,500 96 $203,500 96
$200,000 - $249,999 3 114 $201,667 $216,000 93 $245,667 83
$250,000 - $299,999 3 67 $275,333 $295,667 93 $312,633 88
$300,000 - $349,999 5 118 $333,200 $338,578 98 $358,200 93
$350,000 - $399,999 3 139 $373,333 $399,333 94 $414,333 91
$400,000 - $449,999 4 34 $415,750 $423,475 98 $425,975 98
$450,000 - $499,999 2 41 $475,313 $447,400 107 $447,400 107
$500,000 - $599,999 1 346 $547,913 $589,000 93 $625,000 88
$600,000 - $699,999 1 3 $665,000 $625,000 106 $625,000 106
$700,000 - $799,999 0 0 $0 $0 0 $0 0
$800,000 - $899,999 0 0 $0 $0 0 $0 0
$900,000 - $999,999 0 0 $0 $0 0 $0 0
$1,000,000 - $1,499,999 1 153 $1,072,500 $1,150,000 93 $1,150,000 93
Total Properties 25 107 $380,242 $391,424 97 $404,584 93
Source: MLSPIN, as of 02/05/2015
Total Sold - Milton, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $355,000 - $616,600 13 65 482,738$
3 Units $490,000 1 145 490,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 26 58 561,031$
2006 -7.200% 26 135 520,635$
2007 -7.223% 15 120 483,030$
2008 -16.066% 15 125 405,427$
2009 -1.453% 14 96 399,538$
2010 -3.146% 24 96 386,967$
2011 -6.206% 19 133 362,951$
2012 7.070% 20 118 388,613$
2013 18.186% 14 118 459,286$
2014 5.219% 14 71 483,257$
Source: MLSPIN, as of 02/05/2015
Milton StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2014
Historical Average Sale Price - Past 10 Years
$561,031 $520,635
$483,030
$405,427 $399,538 $386,967 $362,951
$388,613
$459,286 $483,257
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Multifamily 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 3 22 $369,667 $385,967 96 $385,967 96
$400,000 - $449,999 3 49 $431,667 $449,600 96 $462,933 93
$450,000 - $499,999 1 145 $490,000 $499,900 98 $599,900 82
$500,000 - $599,999 5 81 $528,000 $552,560 96 $554,760 95
$600,000 - $699,999 2 115 $615,800 $654,450 94 $679,000 91
Total Properties 14 71 $483,257 $505,593 96 $519,886 93
Source: MLSPIN, as of 02/05/2015
Total Sold - Milton, MA
Price Range
www.Dwell360.com [email protected]
617-299-1854
Dwell360 46 Austin Street Suite 302 Newton, MA 02460
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