Market Report Lexington, Massachusetts
Single Family and Condominium Homes Y e a r E n d 2 0 15
Lexington Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2015 Range 0-1 Bed $485,000 - $540,000 2 Bed $365,000 - $497,400 3 Bed $462,500 - $1,400,000 4 Bed $460,000 - $2,000,000 5 Bed $515,000 - $2,400,000 6+ Bed $841,000 - $3,230,000
Number of Listing Sold 3 6 77 145 107 26
Days on the Market 59 118 39 45 87 149
Average Sale Price $ 516,667 $ 442,900 $ 723,136 $ 1,014,442 $ 1,429,889 $ 1,936,188
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change 4.753% 2.539% -15.352% 10.831% 4.565% 5.792% 8.091% 14.074% 1.402%
$880,915 $820,123$859,104
2006
2007
2008
$745,673
2009
Number of Listing Sold 333 345 306 319 331 344 369 383 364 387
$826,435 $864,161
2010
2011
Days on the Market 114 114 98 105 93 87 86 54 65 68
$914,211
2012
Average Sale Price $ 820,123 $ 859,104 $ 880,915 $ 745,673 $ 826,435 $ 864,161 $ 914,211 $ 988,183 $ 1,127,258 $ 1,143,059
$1,143,059 $1,127,258 $988,183
2013
2014
2015
Source: MLSPIN, as of 01/22/2016
Cover Image: Phelan, John. (April 13, 2010). Lexington Depot, Lexington Massachusetts [photo]. Retrieved from https://goo.gl/Lr7QeA.
Market statistics
Total Sold - Lexington, MA Single Family Homes, 1/1/2015 - 12/31/2015
# of
Avg. Days
Listings on Market Pric e Range $400,000 - $449,999 4 14 $450,000 - $499,999 1 58 $500,000 - $599,999 17 80 $600,000 - $699,999 31 64 $700,000 - $799,999 47 34 $800,000 - $899,999 45 39 $900,000 - $999,999 47 40 $1,000,000 - $1,499,999 119 61 $1,500,000 - $1,999,999 56 132 $2,000,000 - $2,499,999 13 144 $2,500,000 - $2,999,999 4 182 3 129 $3,000,000 - $3,999,999
Total Properties
387
68
Average
Average
SP:LP
Average
SP:OP
Sale Pric e
List Pric e
Ratio
Orig Pric e
Ratio
$426,250 $469,500 $549,072 $651,365 $738,401 $832,546 $944,921 $1,246,409 $1,723,403 $2,199,231 $2,739,722 $3,233,333
$434,500 $449,000 $538,668 $639,903 $720,279 $819,071 $906,419 $1,237,942 $1,754,804 $2,272,615 $2,778,500 $3,550,000
98 105 103 102 103 102 104 101 98 97 99 92
$444,725 $449,000 $555,133 $656,552 $725,343 $825,493 $916,934 $1,260,742 $1,802,550 $2,339,154 $2,778,500 $4,000,000
97 105 100 100 102 101 103 100 96 95 99 82
$1,143,059
$1,140,533
101
$1,164,978
100
Source: MLSPIN, as of 01/22/2016
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Lexington Statistics Condomiums/Townhouses Avg. Sale Price - No. of Beds - 2015
1 Bed 2 Bed 3 Bed 4 Bed
Range $217,000 - $425,000 $295,000 - $953,000 $365,000 - $1,130,000 $860,500 - $1,240,000
Number of Listing Sold 5 32 30 4
Days on the Market 14 26 50 72
Average Sale Price $ 288,022 $ 465,775 $ 798,135 $ 1,015,125
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change 4.765% 0.534% 10.690% 2.000% 3.529% -11.590% 0.768% 14.945% 11.845%
Number of Listing Sold 42 35 34 63 60 60 70 63 69 71
Days on the Market 103 97 110 114 115 165 143 71 57 38
Average Sale Price $ 442,997 $ 464,108 $ 466,587 $ 516,464 $ 526,791 $ 545,379 $ 482,170 $ 485,871 $ 558,486 $ 624,640 $624,640
$545,379 $516,464 $526,791 $442,997 $464,108 $466,587
2006
2007
2008
2009
Source: MLSPIN, as of 01/22/2016
2010
2011
$558,486 $482,170 $485,871
2012
2013
2014
2015
Market statistics
Total Sold - Lexington, MA Condominiums, 1/1/2015 - 12/31/2015
# of
Price Range $200,000 - $249,999 $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 on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
2 3 2 10 7 8 8 3 3 12 8 5
27 9 13 29 30 42 35 34 18 52 30 88
$223,602 $287,635 $327,500 $374,181 $424,857 $479,188 $542,488 $655,167 $738,883 $832,833 $966,750 $1,117,000
$223,602 $287,635 $321,000 $372,791 $421,100 $482,875 $530,838 $667,933 $742,633 $826,033 $928,874 $1,136,400
100 100 102 101 101 99 103 98 99 101 104 98
$223,602 $287,635 $321,000 $372,791 $425,386 $499,875 $541,575 $667,933 $742,633 $834,908 $928,874 $1,136,400
100 100 102 101 100 96 101 98 99 100 104 98
71
38
$624,640
$619,641
101
$624,689
100
Source: MLSPIN, as of 01/22/2016
SERVICE@DWELL360.Com | 617-299-1854
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