Market Report Framingham, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 13
Framingham Statistics Single Family Homes Avg. Sale Price - Number of Bedrooms - 2013 Range $125,000 - $460,000 $110,000 - $710,000 $150,000 - $917,000 $183,000 - $829,000 $375,000 - $1,175,000
1-2 Bed 3 Bed 4 Bed 5 Bed 6 Bed
Number of Listing Sold 31 321 214 21 5
Days on the Market 69 52 73 55 188
Average Sale Price $ 236,815 $ 316,741 $ 428,589 $ 458,507 $ 728,000
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $409,343
% Change 3.722% -3.823% -3.622% -11.028% -8.261% 0.313% -0.485% 5.626% 6.725% $424,579
$408,347
Number of Listing Sold 655 619 498 472 469 442 429 394 473 592
Days on the Market 51 60 98 104 118 106 93 98 94 62
$393,556 $350,153 $321,227 $322,233 $320,670
2004
2005
2006
Average Sale Price $ 409,343 $ 424,579 $ 408,347 $ 393,556 $ 350,153 $ 321,227 $ 322,233 $ 320,670 $ 338,711 $ 361,490
2007
Source: MLSPIN, as of 02/07/2014
2008
2009
2010
2011
$338,711
2012
$361,490
2013
Market statistics
Total Sold - Framingham, MA Single Family Homes, 1/1/2013 - 12/31/2013 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP 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 $600,000 - $699,999
39 22
81 92
$540,742 $639,478
$555,946 $649,701
97 98
$564,264 $659,550
96 97
$700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999
4 4 1 1
48 269 420 47
$735,000 $839,500 $917,000 $1,175,000
$753,675 $871,500 $899,000 $1,199,000
98 96 102 98
$771,175 $871,500 $899,000 $1,199,000
96 96 102 98
592
62
$361,490
$367,503
98
$374,109
97
Price Range
Total Properties
Source: MLSPIN, as of 02/7/2014
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Framingham Statistics Condominiums Average Sale Price - Number of Bedrooms - 2013
0 Bed 1 Bed 2 Bed 3-4 Bed
Range $62,500 - $62,500 $43,000 - $195,000 $69,000 - $250,000 $135,000 - $322,450
Number of Listing Sold 1 60 50 20
Days on the Market 29 47 59 78
Average Sale Price $ 62,500 $ 115,697 $ 141,875 $ 227,143
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
17.855% -7.953% -0.449% -39.565% -14.798% 25.566% -15.885% 10.745% 16.148%
Number of Listing Sold 264 304 185 125 158 174 141 92 124 131
Days on the Market 35 47 86 113 138 141 111 88 100 56
Average Sale Price $ 188,353 $ 221,983 $ 204,329 $ 203,411 $ 122,931 $ 104,740 $ 131,518 $ 110,627 $ 122,514 $ 142,297
$221,983 $204,329 $203,411
$188,353
$110,627
$104,740
2004
2005
2006
Source: MLSPIN, as of 01/25/2013
2007
2008
$142,297
$131,518
$122,931
2009
2010
2011
$122,514
2012
2013
Market statistics
Total Sold - Framingham, MA Condominiums, 1/1/2013 - 12/31/2013
Price Range $0 - $49,999 $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
4 37 35 28 17
148 59 35 44 81
$45,625 $78,204 $126,852 $165,721 $217,406
$50,425 $79,278 $128,997 $168,346 $226,770
91 100 99 99 96
$50,425 $79,619 $129,709 $169,329 $234,270
91 100 98 98 93
9 1
72 89
$274,056 $322,450
$284,156 $335,900
96 96
$289,922 $340,900
95 95
131
56
$142,297
$145,893
98
$147,797
97
Source: MLSPIN, as of 02/10/2014
SERVICE@DWELL360.Com | 617-299-1854
Framingham Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2013
2 Units 3 Units 4 Units 7+ Units
Range $140,000 - $394,500 $235,000 - $375,000 $105,000 - $390,000 $399,900 - $790,000
Number of Listing Sold 30 7 7 2
Days on the Market 71 140 44 260
Average Sale Price $ 270,357 $ 283,964 $ 327,571 $ 594,950
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $416,827
4.704% -2.870% -16.759% -27.359% -12.176% -0.815% 8.752% -3.170% 27.898%
Number of Listing Sold 66 75 56 25 54 49 41 40 51 46
Days on the Market 49 76 88 155 137 111 85 128 103 85
Average Sale Price $ 416,827 $ 436,435 $ 423,910 $ 352,866 $ 256,325 $ 225,114 $ 223,280 $ 242,822 $ 235,124 $ 300,720
$436,435 $423,910 $352,866 $300,720 $256,325
2004
2005
2006
Source: MLSPIN, as of 02/10/2014
2007
2008
$242,822 $235,124 $225,114 $223,280
2009
2010
2011
2012
2013
Market statistics
Total Sold - Framingham, MA Multifamily Homes, 1/1/2013 - 12/31/2013 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$100,000 - $149,999
2
20
$122,500
$144,900
84
$244,950
58
$150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999
4 6 8 17
223 80 54 71
$183,025 $225,833 $267,650 $325,141
$183,700 $229,961 $275,313 $338,535
100 99 98 96
$201,225 $231,477 $287,575 $347,006
92 99 94 94
$350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999
8 0 0
42 0 0
$380,300 $0 $0
$389,575 $0 $0
98 0 0
$392,075 $0 $0
98 0 0
$500,000 - $599,999
0
0
$0
$0
0
$0
0
$600,000 - $699,999 $700,000 - $799,999
0 1
0 504
$0 $790,000
$0 $825,000
0 96
$0 $899,900
0 88
46
85
$300,720
$310,947
97
$324,345
93
Price Range
Total Properties Source: MLSPIN, as of 02/10/2014
SERVICE@DWELL360.Com | 617-299-1854
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