Change in
market
|
|
Newton,
Brookline, Needham, Cambridge, Sudbury, Arlington, Winchester
|
|
|
|
Natick,
Lexington, Wellesley, Wstwood and Boston (also by neighborhoods)
|
January 1st -
December 31st 2008 Vs 2007 *
|
|
|
|
|
|
Newton
|
|
|
|
|
Newton
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Condo
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
936,321
|
903,312
|
-3.53%
|
|
Avg. sale
price
|
543,484
|
502,313
|
-7.58%
|
Median price
|
777,000
|
755,000
|
-2.83%
|
|
Median price
|
455,000
|
438,998
|
-3.52%
|
Avg. Days on
Market
|
99
|
74
|
-25.25%
|
|
Avg. Days on
Market
|
133
|
96
|
-27.82%
|
Number of
Sold
|
617
|
498
|
-19.29%
|
|
Number of
Sold
|
293
|
259
|
-11.60%
|
|
|
|
|
|
|
|
|
|
Brookline
|
|
|
|
|
Brookline
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Condo
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
1,432,278
|
1,325,407
|
-7.46%
|
|
Avg. sale
price
|
503,941
|
512,544
|
1.71%
|
Median price
|
1,100,000
|
1,030,000
|
-6.36%
|
|
Median price
|
455,000
|
439,500
|
-3.41%
|
Avg. Days on
Market
|
140
|
105
|
-25.00%
|
|
Avg. Days on
Market
|
91
|
93
|
2.20%
|
Number of
Sold
|
187
|
124
|
-33.69%
|
|
Number of
Sold
|
663
|
512
|
-22.78%
|
|
|
|
|
|
|
|
|
|
Cambridge
|
|
|
|
|
Cambridge
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Condo
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
1,014,498
|
1,139,533
|
12.32%
|
|
Avg. sale
price
|
471,194
|
474,577
|
0.72%
|
Median price
|
659,000
|
766,000
|
16.24%
|
|
Median price
|
420,000
|
414,000
|
-1.43%
|
Avg. Days on
Market
|
96
|
86
|
-10.42%
|
|
Avg. Days on
Market
|
81
|
92
|
13.58%
|
Number of
Sold
|
133
|
108
|
-18.80%
|
|
Number of
Sold
|
1,000
|
745
|
-25.50%
|
|
|
|
|
|
|
|
|
|
Sudbury
|
|
|
|
|
Needham
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Single Family
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
764,087
|
690,826
|
-9.59%
|
|
Avg. sale
price
|
748,577
|
785,675
|
4.96%
|
Median price
|
657,750
|
602,000
|
-8.48%
|
|
Median price
|
626,500
|
659,000
|
5.19%
|
Avg. Days on
Market
|
171
|
160
|
-6.43%
|
|
Avg. Days on
Market
|
96
|
88
|
-8.33%
|
Number of
Sold
|
220
|
164
|
-25.45%
|
|
Number of
Sold
|
373
|
267
|
-28.42%
|
|
|
|
|
|
|
|
|
|
Lexington
|
|
|
|
|
Natick
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Single Family
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
859,104
|
882,918
|
2.77%
|
|
Avg. sale
price
|
542,319
|
472,685
|
-12.84%
|
Median price
|
696,000
|
750,000
|
7.76%
|
|
Median price
|
437,500
|
420,000
|
-4.00%
|
Avg. Days on
Market
|
114
|
98
|
-14.04%
|
|
Avg. Days on
Market
|
102
|
104
|
1.96%
|
Number of
Sold
|
345
|
305
|
-11.59%
|
|
Number of
Sold
|
294
|
234
|
-20.41%
|
|
|
|
|
|
|
|
|
|
Arlington
|
|
|
|
|
Winchester
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Single Family
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
513,297
|
511,041
|
-0.44%
|
|
Avg. sale
price
|
775,479
|
881,080
|
13.62%
|
Median price
|
472,500
|
475,000
|
0.53%
|
|
Median price
|
676,750
|
731,575
|
8.10%
|
Avg. Days on
Market
|
68
|
49
|
-27.94%
|
|
Avg. Days on
Market
|
101
|
108
|
6.93%
|
Number of
Sold
|
290
|
218
|
-24.83%
|
|
Number of
Sold
|
224
|
198
|
-11.61%
|
|
|
|
|
|
|
|
|
|
Wellesley
|
|
|
|
|
Westwood
|
|
|
|
Single Family
|
2007
|
2008
|
%Different
|
|
Single Family
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
1,251,572
|
1,351,022
|
7.95%
|
|
Avg. sale
price
|
686,466
|
660,461
|
-3.79%
|
Median price
|
960,000
|
1,102,000
|
14.79%
|
|
Median price
|
550,000
|
498,950
|
-9.28%
|
Avg. Days on
Market
|
105
|
107
|
1.90%
|
|
Avg. Days on
Market
|
114
|
146
|
28.07%
|
Number of
Sold
|
338
|
271
|
-19.82%
|
|
Number of
Sold
|
157
|
120
|
-23.57%
|
|
|
|
|
|
|
|
|
|
Boston
|
|
|
|
|
Boston
(Beacon Hill & Back Bay)
|
|
Condo
|
2007
|
2008
|
%Different
|
|
Condo
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
494,071
|
499,028
|
1.00%
|
|
Avg. sale
price
|
823,418
|
885,058
|
7.49%
|
Median price
|
375,000
|
372,000
|
-0.80%
|
|
Median price
|
570,000
|
577,500
|
1.32%
|
Avg. Days on
Market
|
107
|
104
|
-2.80%
|
|
Avg. Days on
Market
|
103
|
106
|
2.91%
|
Number of
Sold
|
4,524
|
3,842
|
-15.08%
|
|
Number of
Sold
|
602
|
581
|
-3.49%
|
|
|
|
|
|
|
|
|
|
Boston(Dorchester, East
Boston)
|
|
|
Boston (Dorchester, East Boston)
|
|
Condo
|
2007
|
2008
|
%Different
|
|
Multi Family
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
263,019
|
208,097
|
-20.88%
|
|
Avg. sale
price
|
418,878
|
278,122
|
-33.60%
|
Median price
|
262,000
|
215,000
|
-17.94%
|
|
Median price
|
421,500
|
265,000
|
-37.13%
|
Avg. Days on
Market
|
131
|
118
|
-9.92%
|
|
Avg. Days on
Market
|
117
|
144
|
23.08%
|
Number of
Sold
|
504
|
467
|
-7.34%
|
|
Number of
Sold
|
335
|
430
|
28.36%
|
|
|
|
|
|
|
|
|
|
Boston (Allston, Brighton, JP)
|
|
|
|
Boston (Allston, Brighton, JP)
|
|
|
Condo
|
2007
|
2008
|
%Different
|
|
Multi Family
|
2007
|
2008
|
%Different
|
Avg. sale
price
|
343,071
|
341,009
|
-0.60%
|
|
Avg. sale
price
|
626,908
|
604,472
|
-3.58%
|
Median price
|
300,000
|
305,000
|
1.67%
|
|
Median price
|
582,500
|
562,500
|
-3.43%
|
Avg. Days on
Market
|
80
|
89
|
11.25%
|
|
Avg. Days on
Market
|
84
|
84
|
0.00%
|
Number of
Sold
|
922
|
688
|
-25.38%
|
|
Number of
Sold
|
112
|
86
|
-23.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Blue
|
Median price
and Average Price of 2008 are both up
compare with 2007
|
|
|
Yellow
|
Median price
and Average Price of 2008 are both down compare
with 2007
|
|
|
Green
|
Median price
and Average Price of 2008 are the Same
as of 2007
|
|
|
* Source: Reference statistics from
MLS PIN
|
|
|
|
|
|
|
|