framingham massachusetts real estate market data - dwell360
DESCRIPTION
Dwell360 has published this report on the residential real estate market statistics for 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, and 2004 for Framingham, Massachusetts. The market statistics include residential sales averages for single family homes, condominiums, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.TRANSCRIPT
Framingham, Massachusetts
Market Repor t
Single Family, Condominiums, and Multifamily Homes
Year End 2013
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1-2 Bed $125,000 - $460,000 31 69 236,815$
3 Bed $110,000 - $710,000 321 52 316,741$
4 Bed $150,000 - $917,000 214 73 428,589$
5 Bed $183,000 - $829,000 21 55 458,507$
6 Bed $375,000 - $1,175,000 5 188 728,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2004 655 51 409,343$
2005 3.722% 619 60 424,579$
2006 -3.823% 498 98 408,347$
2007 -3.622% 472 104 393,556$
2008 -11.028% 469 118 350,153$
2009 -8.261% 442 106 321,227$
2010 0.313% 429 93 322,233$
2011 -0.485% 394 98 320,670$
2012 5.626% 473 94 338,711$
2013 6.725% 592 62 361,490$
Source: MLSPIN, as of 02/07/2014
Framingham Statistics
Avg. Sale Price - Number of Bedrooms - 2013
Historical Average Sale Price - Past 10 Years
Single Family Homes
$409,343 $424,579
$408,347 $393,556
$350,153 $321,227 $322,233 $320,670
$338,711 $361,490
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
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Single Family Homes, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$100,000 - $149,999 2 91 $117,500 $117,450 100 $117,450 100
$150,000 - $199,999 23 153 $180,715 $185,239 99 $198,813 93
$200,000 - $249,999 68 72 $228,311 $238,207 96 $245,259 94
$250,000 - $299,999 95 63 $274,120 $279,258 98 $286,442 96
$300,000 - $349,999 142 35 $325,129 $327,630 99 $330,365 99
$350,000 - $399,999 86 50 $373,264 $377,629 99 $384,562 97
$400,000 - $449,999 68 50 $421,941 $425,736 99 $433,867 98
$450,000 - $499,999 37 67 $473,934 $481,492 98 $489,273 97
$500,000 - $599,999 39 81 $540,742 $555,946 97 $564,264 96
$600,000 - $699,999 22 92 $639,478 $649,701 98 $659,550 97
$700,000 - $799,999 4 48 $735,000 $753,675 98 $771,175 96
$800,000 - $899,999 4 269 $839,500 $871,500 96 $871,500 96
$900,000 - $999,999 1 420 $917,000 $899,000 102 $899,000 102
$1,000,000 - $1,499,999 1 47 $1,175,000 $1,199,000 98 $1,199,000 98
Total Properties 592 62 $361,490 $367,503 98 $374,109 97
Source: MLSPIN, as of 02/7/2014
Price Range
Total Sold - Framingham, MA
RangeNumber of Listing Sold
Days onthe Market
Average Sale Price
0 Bed $62,500 - $62,500 1 29 62,500$
1 Bed $43,000 - $195,000 60 47 115,697$
2 Bed $69,000 - $250,000 50 59 141,875$
3-4 Bed $135,000 - $322,450 20 78 227,143$
Year % ChangeNumber of Listing Sold
Days onthe Market
Average Sale Price
2004 264 35 188,353$
2005 17.855% 304 47 221,983$
2006 -7.953% 185 86 204,329$
2007 -0.449% 125 113 203,411$
2008 -39.565% 158 138 122,931$
2009 -14.798% 174 141 104,740$
2010 25.566% 141 111 131,518$
2011 -15.885% 92 88 110,627$
2012 10.745% 124 100 122,514$
2013 16.148% 131 56 142,297$
Source: MLSPIN, as of 01/25/2013
Framingham StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2013
Historical Average Sale Price - Past 10 Years
$188,353
$221,983 $204,329 $203,411
$122,931 $104,740
$131,518 $110,627
$122,514 $142,297
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Condominiums, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$0 - $49,999 4 148 $45,625 $50,425 91 $50,425 91
$50,000 - $99,999 37 59 $78,204 $79,278 100 $79,619 100
$100,000 - $149,999 35 35 $126,852 $128,997 99 $129,709 98
$150,000 - $199,999 28 44 $165,721 $168,346 99 $169,329 98
$200,000 - $249,999 17 81 $217,406 $226,770 96 $234,270 93
$250,000 - $299,999 9 72 $274,056 $284,156 96 $289,922 95
$300,000 - $349,999 1 89 $322,450 $335,900 96 $340,900 95
Total Properties 131 56 $142,297 $145,893 98 $147,797 97
Source: MLSPIN, as of 02/10/2014
Total Sold - Framingham, MA
Price Range
RangeNumber of Listing Sold
Days onthe Market
Average Sale Price
2 Units $140,000 - $394,500 30 71 270,357$
3 Units $235,000 - $375,000 7 140 283,964$
4 Units $105,000 - $390,000 7 44 327,571$
7+ Units $399,900 - $790,000 2 260 594,950$
Year % ChangeNumber of Listing Sold
Days onthe Market
Average Sale Price
2004 66 49 416,827$
2005 4.704% 75 76 436,435$
2006 -2.870% 56 88 423,910$
2007 -16.759% 25 155 352,866$
2008 -27.359% 54 137 256,325$
2009 -12.176% 49 111 225,114$
2010 -0.815% 41 85 223,280$
2011 8.752% 40 128 242,822$
2012 -3.170% 51 103 235,124$
2013 27.898% 46 85 300,720$
Source: MLSPIN, as of 02/10/2014
Framingham StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2013
Historical Average Sale Price - Past 10 Years
$416,827 $436,435 $423,910
$352,866
$256,325 $225,114 $223,280
$242,822 $235,124
$300,720
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$100,000 - $149,999 2 20 $122,500 $144,900 84 $244,950 58
$150,000 - $199,999 4 223 $183,025 $183,700 100 $201,225 92
$200,000 - $249,999 6 80 $225,833 $229,961 99 $231,477 99
$250,000 - $299,999 8 54 $267,650 $275,313 98 $287,575 94
$300,000 - $349,999 17 71 $325,141 $338,535 96 $347,006 94
$350,000 - $399,999 8 42 $380,300 $389,575 98 $392,075 98
$400,000 - $449,999 0 0 $0 $0 0 $0 0
$450,000 - $499,999 0 0 $0 $0 0 $0 0
$500,000 - $599,999 0 0 $0 $0 0 $0 0
$600,000 - $699,999 0 0 $0 $0 0 $0 0
$700,000 - $799,999 1 504 $790,000 $825,000 96 $899,900 88
Total Properties 46 85 $300,720 $310,947 97 $324,345 93
Source: MLSPIN, as of 02/10/2014
Total Sold - Framingham, MA
Price Range
www.Dwell360.com [email protected]
617-299-1854
Dwell360 46 Austin Street Suite 302 Newton, MA 02460
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