Market Report Lexington, Massachusetts
Single Family Homes Y e a r E n d 2 0 13
Lexington Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
2 Bed 3 Bed 4 Bed 5 Bed 6+ Bed
Range $399,000 - $1,200,000 $325,000 - $1,348,000 $429,000 - $2,012,500 $535,000 - $2,450,000 $649,000 - $2,750,000
Number of Listing Sold 12 104 151 90 26
Days on the Market 65 33 46 76 100
Average Sale Price $ 530,258 $ 665,650 $ 947,845 $ 1,266,620 $ 1,760,115
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
3.698% -4.863% 4.753% 2.539% -15.352% 10.831% 4.565% 5.792% 8.091%
Number of Listing Sold 357 333 333 345 306 319 331 344 369 383
$880,915 $831,296 $862,040 $820,123 $859,104
2004
2005
2006
Source: MLSPIN, as of 02/07/2014
2007
2008
$745,673
2009
Days on the Market 84 93 114 114 98 105 93 87 86 54
$826,435 $864,161
2010
2011
Average Sale Price $ 831,296 $ 862,040 $ 820,123 $ 859,104 $ 880,915 $ 745,673 $ 826,435 $ 864,161 $ 914,211 $ 988,183
$914,211
2012
$988,183
Market statistics
Total Sold - Lexington, MA Single Family Homes, 1/1/2013 - 12/31/2013
Price Range $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 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 1 8 14 40 50 41 45 31 106 34 9 3
42 154 64 46 37 28 32 37 51 65 106 122 103
$325,000 $399,000 $426,763 $477,500 $545,998 $651,974 $746,638 $843,262 $934,771 $1,225,698 $1,705,518 $2,220,444 $2,593,333
$355,000 $399,900 $418,850 $475,836 $552,673 $647,878 $728,271 $817,573 $921,894 $1,229,291 $1,720,218 $2,359,778 $2,648,000
92 100 102 101 99 101 103 104 102 100 99 94 98
$379,900 $399,900 $424,463 $495,136 $571,175 $652,271 $739,124 $828,062 $927,958 $1,234,608 $1,738,685 $2,401,444 $2,674,333
86 100 101 98 97 100 102 102 101 100 99 93 97
383
54
$988,183
$988,175
101
$998,750
100
Source: MLSPIN, as of 02/07/2014
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