The average sales price in Needham jumped 13% from $1,082,000 in 2017 to $1,218,000 in 2018.

There were 33 sales in Needham last month. To find a November with that many transactions, you'd have to go all the way back to the year 2000 when there were 35. How much has changed in 18 years? Have a look...

There are less homes to choose from than a year ago while pricing has been heading in the opposite direction. Let June's numbers paint the picture.

Well hello there April, 2018. The average sales price for the month popped 24% from April, 2017. Two of the month's 17 sales went for over $2 million which certainly helped.

There are plenty of ready, willing and able buyers in Needham, just not nearly enough listings to meet the demand. Notice the negative correlation through the first quarter of 2018 (sales down/prices up).

Often, prospective buyers in Needham are asking about the five elementary schools (Broadmeadow, Eliot, Hillside, Mitchell and Newman).  I can think of no better way to address any potential questions than referring to this data set, courtesy of Hawthorn Properties.

Plenty to be gleaned from this graph, but first and foremost, last year just two districts (Mitchell and Newman) averaged over $1 million in sales.  One year later, four of the five eclipse the mark.

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