Market Report Lexington, Massachusetts
Single Family and Condominium Homes Y e a r E n d 2 0 14
Lexington Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Number of Range Listing Sold 0-1 Bed $485,000 - $540,000 3 2 Bed $365,000 - $497,400 6 3 Bed $462,500 - $1,400,000 77 4 Bed $460,000 - $2,000,000 145 5 Bed $515,000 - $2,400,000 107 6+ Bed $841,000 - $3,230,000 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 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -4.863% 4.753% 2.539% -15.352% 10.831% 4.565% 5.792% 8.091% 14.074%
Number of Listing Sold 333 333 345 306 319 331 344 369 383 364
Days on the Market 93 114 114 98 105 93 87 86 54 65
Average Sale Price $ 862,040 $ 820,123 $ 859,104 $ 880,915 $ 745,673 $ 826,435 $ 864,161 $ 914,211 $ 988,183 $ 1,127,258 $1,127,258
$880,915 $862,040 $820,123 $859,104
2005
2006
2007
2008
Source: MLSPIN, as of 01/15/2015
$745,673
2009
$826,435 $864,161
2010
2011
$914,211
2012
$988,183
2013
2014
Market statistics
Total Sold - Lexington, MA Single Family Homes, 1/1/2014 - 12/31/2014
# of
Price Range $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 $3,000,000 - $3,999,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
1 2 7 24 36 46 34 23 122 46 17 4 2
142 158 99 51 47 32 38 42 66 95 134 202 220
$365,000 $427,500 $473,986 $558,146 $647,896 $748,199 $847,097 $947,948 $1,246,842 $1,679,052 $2,214,471 $2,693,750 $3,135,500
$379,000 $454,950 $518,257 $554,092 $645,525 $730,889 $819,682 $925,322 $1,246,092 $1,697,828 $2,301,059 $2,798,250 $3,365,000
96 94 92 101 100 103 104 103 100 99 96 96 93
$399,000 $454,950 $533,114 $565,417 $652,875 $737,696 $824,035 $934,839 $1,265,863 $1,718,948 $2,371,353 $2,773,250 $3,365,000
91 94 89 100 100 102 103 102 99 98 94 97 93
364
65
$1,127,258
$1,130,194
101
$1,146,180
99
Source: MLSPIN, as of 01/15/2015
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Lexington Statistics Condomiums/Townhouses Avg. Sale Price - No. of Beds - 2014
1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
Number of Range Listing Sold 275,000 - $441,540 5 $184,000 - $920,000 36 $195,000 - $1,100,000 22 $180,000 - $928,000 4 $1,000,000 - $1,050,000 2
Days on the Market 242 37 40 79 116
Average Sale Price $ 345,908 $ 477,319 $ 680,705 $ 649,250 $ 1,025,000
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -1.727% 4.765% 0.534% 10.690% 2.000% 3.529% -11.590% 0.768% 14.945%
Number of Listing Sold 38 42 35 34 63 60 60 70 63 69
Days on the Market 67 103 97 110 114 115 165 143 71 57
$545,379 $516,464 $526,791 $450,783 $442,997 $464,108 $466,587
2005
2006
2007
2008
Source: MLSPIN, as of 01/15/2015
2009
2010
2011
Average Sale Price $ 450,783 $ 442,997 $ 464,108 $ 466,587 $ 516,464 $ 526,791 $ 545,379 $ 482,170 $ 485,871 $ 558,486 $558,486
$482,170 $485,871
2012
2013
2014
Market statistics
Total Sold - Lexington, MA Condominiums, 1/1/2014 - 12/31/2014
# of
Price Range $150,000 - $199,999 $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
3 0 4 4 11 9 3 8 11 1 5 7 3
83 0 111 26 31 131 16 32 36 34 99 18 92
$186,333 $0 $289,425 $324,250 $367,934 $436,949 $484,667 $551,500 $643,909 $745,000 $830,800 $934,857 $1,050,000
$189,633 $0 $288,675 $327,000 $359,964 $434,856 $484,633 $545,325 $631,118 $769,900 $811,400 $920,843 $1,124,333
98 0 100 99 102 101 100 101 102 97 103 102 93
$192,967 $0 $299,675 $327,000 $370,782 $438,189 $484,633 $545,325 $639,300 $769,900 $811,400 $920,843 $1,157,667
97 0 97 99 100 100 100 101 101 97 103 102 91
69
57
$558,486
$555,210
101
$560,906
100
Source: MLSPIN, as of 01/15/2015
SERVICE@DWELL360.Com | 617-299-1854
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