framingham massachusetts real estate market data - dwell360
DESCRIPTION
Dwell360 has published this report on the residential real estate market statistics for 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004, and 2003 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 2012
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Bed $133,000 - $360,000 15 114 218,471$
3 Bed $112,500 - $558,000 265 81 285,776$
4 Bed $134,000 - $855,000 167 110 390,694$
5 Bed $275,000 - $862,000 23 92 441,794$
6+ Bed $500,000 - $567,000 3 285 539,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 553 57 365,642$
2004 11.952% 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$
Source: MLSPIN, as of 1/11/2013
Framingham Statistics
Average Sale Price - Number of Bedrooms - 2012
Historical Average Sale Price - Past 10 Years
Single Family Homes
$365,642
$409,343 $424,579
$408,347 $393,556
$350,153 $321,227 $322,233 $320,670
$338,711
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
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Single Family Homes, 1/1/2012 - 12/31/2012
# 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 7 117 $134,643 $151,386 90 $177,971 78
$150,000 - $199,999 39 120 $176,737 $189,966 94 $203,195 88
$200,000 - $249,999 61 94 $225,922 $232,780 97 $246,930 93
$250,000 - $299,999 106 78 $273,864 $281,024 98 $289,019 95
$300,000 - $349,999 100 84 $320,798 $326,519 98 $336,064 96
$350,000 - $399,999 61 79 $372,298 $380,731 98 $389,320 96
$400,000 - $449,999 28 79 $420,797 $429,604 98 $440,739 96
$450,000 - $499,999 26 102 $472,476 $483,613 98 $494,265 96
$500,000 - $599,999 31 158 $540,039 $555,134 97 $578,300 94
$600,000 - $699,999 8 67 $626,305 $647,463 97 $649,328 97
$700,000 - $799,999 2 158 $716,250 $724,500 99 $779,450 92
$800,000 - $899,999 4 307 $836,250 $859,150 97 $871,650 96
Total Properties 473 94 $329,877 $338,711 97 $350,070 94
Source: MLSPIN, as of 1/11/2013
Price Range
Total Sold - Framingham, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
0 Bed $43,900 - $51,000 2 83 47,450$
1 Bed $40,000 - $179,900 57 101 91,287$
2 Bed $65,000 - $247,500 48 103 145,256$
3-4 Bed $90,000 - $244,000 17 94 171,832$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 242 45 164,922$
2004 14.207% 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$
Source: MLSPIN, as of 01/25/2013
Framingham StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2012
Historical Average Sale Price - Past 10 Years
$164,922
$188,353
$221,983 $204,329 $203,411
$122,931 $104,740
$131,518 $110,627
$122,514
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Condominiums, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$0 - $49,999 7 164 $41,343 $44,386 94 $46,257 90
$50,000 - $99,999 42 93 $73,096 $78,908 93 $81,256 91
$100,000 - $149,999 38 98 $119,919 $125,024 96 $130,813 93
$150,000 - $199,999 19 76 $175,637 $182,076 97 $183,876 96
$200,000 - $249,999 18 125 $218,792 $226,178 97 $236,653 93
Total Properties 124 100 $122,514 $128,277 95 $132,749 92
Source: MLSPIN, as of 01/25/2013
Total Sold - Framingham, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $106,000 - $350,000 32 94 214,319$
3 Units $192,199 - $439,900 11 140 283,964$
4 Units $92,500 - $360,000 4 51 226,125$
5-6 Units $170,000 - $450,000 4 124 276,250$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 53 54 368,341$
2004 13.163% 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$
Source: MLSPIN, as of 01/25/2013
Framingham StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2012
Historical Average Sale Price - Past 10 Years
$368,341
$416,827 $436,435 $423,910
$352,866
$256,325 $225,114 $223,280
$242,822 $235,124
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$50,000 - $99,999 1 6 $92,500 $99,900 93 $99,900 93
$100,000 - $149,999 6 19 $129,650 $135,950 97 $137,617 96
$150,000 - $199,999 9 102 $171,233 $187,333 93 $228,900 80
$200,000 - $249,999 16 93 $231,494 $235,516 99 $253,016 95
$250,000 - $299,999 11 162 $268,182 $278,132 97 $290,041 93
$300,000 - $349,999 4 28 $331,500 $344,900 97 $337,175 99
$350,000 - $399,999 2 148 $355,000 $381,000 93 $386,000 92
$400,000 - $449,999 1 416 $439,900 $474,900 93 $474,900 93
$450,000 - $499,999 1 116 $450,000 $479,900 94 $499,900 90
Total Properties 51 103 $235,124 $245,602 96 $261,175 92
Source: MLSPIN, as of 01/25/2013
Total Sold - Framingham, MA
Price Range
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617-299-1854
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