Market Report Davis Square, Massachusetts
Single Family, Condominium, and Multifamily Homes Y e a r E n d 2 0 14
Davis Square Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014
3 Bed 4 Bed 5 Bed
Number of Range Listing Sold $400,000 - $1,250,000 8 $470,000 - $1,230,000 7 $540,000 - $1,335,000 4
Days on the Market 78 119 19
Average Sale Price $ 792,750 $ 924,857 $ 818,125
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change 0.407% -5.878% 7.375% -8.437% 12.269% 4.640% 5.564% 8.736% 10.441%
Number of Listing Sold 34 23 26 23 14 23 19 25 23 19
Days on the Market 56 95 103 87 60 79 78 43 15 80
Average Sale Price $ 611,940 $ 614,430 $ 578,313 $ 620,963 $ 568,571 $ 638,330 $ 667,947 $ 705,114 $ 766,712 $ 846,763 $846,763 $766,712
$611,940$614,430
2005
2006
$578,313
2007
$620,963
2008
Source: MLSPIN, as of 01/15/2015
$638,330 $667,947
$705,114
$568,571
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Davis Square, MA Single Family, Zip Code 02144, 1/1/2014 - 12/31/2014
# of
Price Range $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
2 1 2 2 3 1 1 7
82 78 116 27 76 21 6 107
$409,000 $470,000 $539,000 $632,500 $788,500 $841,000 $925,000 $1,189,429
$442,500 $498,500 $528,200 $587,000 $791,600 $768,000 $849,900 $1,261,114
93 94 102 109 100 110 109 95
$457,000 $525,000 $528,200 $587,000 $798,267 $768,000 $849,900 $1,293,271
90 90 102 109 99 110 109 92
19
80
$846,763
$864,968
99
$880,789
98
Source: MLSPIN, as of 01/15/2014
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Davis Square Statistics Condominiums Average Sale Price - Number of Bedrooms - 2014 Number of Range Listing Sold 1 Bed $275,000 - $651,000 24 2 Bed $290,000 - $872,000 105 3 Bed $402,000 - $1,395,000 47 4+ Bed $546,500 - $1,299,900 5
Days on the Market 31 41 59 90
Average Sale Price $ 389,104 $ 516,526 $ 715,664 $ 759,260
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -6.500% 2.392% 0.831% 5.867% -4.440% 12.674% -0.066% 5.177% 9.383%
Number of Listing Sold 150 159 140 118 143 137 132 156 153 181
Days on the Market 63 89 96 92 78 75 71 65 35 46
Average Sale Price $ 441,118 $ 412,444 $ 422,311 $ 425,821 $ 450,805 $ 430,788 $ 485,386 $ 485,065 $ 510,178 $ 558,046 $558,046
$450,805 $430,788 $441,118 $412,444 $422,311 $425,821
2005
2006
2007
2008
Source: MLSPIN, as of 01/15/2015
2009
2010
$485,386 $485,065
2011
2012
$510,178
2013
2014
Market statistics
Total Sold - Davis Square, MA Condominiums, Zip Code 02144, 1/1/2014 - 12/31/2014
# of
Price Range $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
4 7 10 37 19 37 40 15 5 1 6
25 40 55 28 49 47 57 33 46 156 84
$283,750 $320,129 $379,350 $421,651 $475,658 $543,021 $644,251 $724,366 $829,400 $940,022 $1,230,650
$275,725 $321,797 $378,470 $411,724 $458,278 $519,249 $632,093 $692,440 $823,560 $989,000 $1,257,117
103 100 100 103 104 105 102 105 101 95 98
$283,225 $326,782 $378,470 $417,022 $461,915 $523,956 $641,923 $692,440 $813,760 $989,000 $1,281,450
101 99 100 101 103 104 101 105 102 95 96
181
46
$558,046
$544,825
103
$550,318
102
Source: MLSPIN, as of 01/15/2015
SERVICE@DWELL360.Com | 617-299-1854
Davis Square Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2014
2 Units 3+ Units
Range $530,000 - $1,500,000 $813,000 - $1,470,000
Number of Listing Sold 42 19
Days on the Market 35 36
Average Sale Price $ 809,618 $ 1,111,684
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Number of Listing Sold 106 67 54 44 57 51 53 63 51 61
% Change -7.399% -4.388% 1.243% -6.077% 8.917% 7.414% 1.001% 17.672% 14.947%
Days on the Market 48 78 71 75 45 50 54 40 30 35
Average Sale Price $ 671,596 $ 621,906 $ 594,617 $ 602,011 $ 565,425 $ 615,846 $ 661,502 $ 668,126 $ 786,194 $ 903,704 $903,704 $786,194
$671,596
2005
$621,906 $594,617 $602,011 $615,846 $565,425
2006
2007
2008
Source: MLSPIN, as of 01/15/2015
2009
2010
$661,502 $668,126
2011
2012
2013
2014
Market statistics
Total Sold - Davis Square, MA Multifamily Homes, Zip Code 02144, 1/1/2014 - 12/31/2014
# of
Price Range $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
6 4 7 14 11 18 1
32 76 40 33 29 33 20
$558,333 $628,250 $726,870 $850,848 $924,455 $1,144,111 $1,500,000
$551,317 $619,419 $716,814 $848,707 $887,527 $1,104,413 $1,399,000
101 103 102 101 105 105 107
$559,817 $619,450 $730,243 $863,214 $957,982 $1,119,511 $1,399,000
100 103 100 99 100 104 107
61
35
$903,704
$880,761
103
$903,630
101
Source: MLSPIN, as of 01/15/2015
SERVICE@DWELL360.Com | 617-299-1854
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