Market Report Milton, Massachusetts
Single Family, Condominium, and Multifamily Homes Y e a r E n d 2 0 15
Milton Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2015
2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7+ Bed
Number of Range Listing Sold $340,000 - $590,000 8 $250,000 - $800,000 128 $325,000 - $1,535,000 92 $570,000 - $3,500,000 29 $750,000 - $1,700,000 5 $865,000 - $5,800,000 5
Days on the Market 43 60 67 172 99 168
Average Sale Price $ 410,000 $ 522,904 $ 675,083 $ 1,125,912 $1,216,000 $2,661,500
Historical Average Sale Price - Past 10 Years % Change
Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
-1.450% -4.406% -2.615% 7.913% -4.447% 4.437% 8.079% 5.580% 11.176%
Number of Listing Sold 203 218 230 208 205 223 251 273 243 267
Days on the Market 144 120 109 103 107 108 103 72 73 77
Average Sale Price $ 550,887 $ 542,900 $ 518,982 $ 505,411 $ 545,404 $ 521,151 $ 544,274 $ 588,247 $ 621,071 $ 690,480 $690,480
$550,887 $542,900
2006
2007
$518,982 $505,411 $545,404 $521,151 $544,274
2008
2009
2010
2011
2012
$588,247
2013
$621,071
2014
2015
Source: MLSPIN, as of 01/22/2016
Cover Image: Woodward, James L. (September 26, 2009). The Suffolk Resolves House [photo]. Retrieved from https://goo.gl/oDzWyY.
Market statistics
Total Sold - Milton, MA Single Family, 1/1/2015 - 12/31/2015
# 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 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 2 20 39 31 54 44 18 21 10 17 5 1 2 1 0 1
8 62 76 71 51 65 49 41 123 131 144 73 233 173 486 0 322
$250,000 $332,500 $383,625 $422,709 $473,354 $545,994 $646,795 $748,741 $849,095 $937,007 $1,184,412 $1,650,740 $2,450,000 $2,925,694 $3,500,000 $0 $5,800,000
$299,900 $339,500 $390,416 $423,606 $474,404 $548,911 $648,316 $749,539 $858,933 $949,690 $1,242,582 $1,679,960 $2,495,000 $2,932,000 $3,999,000 $0 $6,400,000
83 98 98 100 100 100 100 100 99 99 96 98 98 100 88 0 91
$299,900 $339,500 $396,306 $429,965 $479,888 $650,487 $656,725 $762,872 $907,510 $987,290 $1,313,406 $1,679,960 $2,629,000 $2,935,000 $3,999,000 $0 $7,000,000
83 98 97 99 99 96 99 99 95 96 92 98 93 100 88 0 83
267
77
$690,480
$702,207
99
$739,552
97
Source: MLSPIN, as of 01/22/2016
SERVICE@DWELL360.Com | 617-299-1854
Milton Statistics Condominiums Average Sale Price - Number of Bedrooms - 2015 Range $150,000 - $508,500 $341,000 - $543,000
1-2 Bed 3-4 Bed
Number of Listing Sold 10 8
Days on the Market 76 84
Average Sale Price $ 383,100 $ 440,688
Historical Average Sale Price - Past 10 Years % Change
Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
-17.122% 18.508% -13.608% -6.728% 20.198% -9.887% 7.834% -9.687% 7.483%
$455,472
$447,350
2007
2008
Days on the Market 392 204 150 139 238 79 200 204 107 80
$433,279
$386,475
$377,486
2006
Number of Listing Sold 18 18 10 9 18 20 17 25 25 18
2009
Source: MLSPIN, as of 01/22/2016
$390,441
$360,472
2010
2011
2012
Average Sale Price $ 455,472 $ 377,486 $ 447,350 $ 386,475 $ 360,472 $ 433,279 $ 390,441 $ 421,029 $ 380,242 $ 408,694
$421,029 $380,242
2013
2014
$408,694
2015
Market statistics
Total Sold - Milton, MA Condominiums, 1/1/2015 - 12/31/2015
# 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
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 0 1 2 4 4 2 4
69 0 228 114 35 77 154 38
$150,000 $0 $297,000 $343,000 $377,000 $423,125 $467,500 $522,000
$199,900 $0 $319,000 $349,000 $382,200 $438,450 $469,500 $508,225
75 0 93 98 99 97 100 104
$199,900 $0 $319,000 $369,000 $384,700 $440,950 $519,000 $508,225
75 0 93 93 98 96 91 104
18
80
$408,694
$415,078
98
$423,911
96
Source: MLSPIN, as of 01/22/2016
SERVICE@DWELL360.Com | 617-299-1854
Milton Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2015
2 Units 3 Units
Range $10,000 - $740,000 $550,000
Number of Listing Sold 16 1
Days on the Market 68 133
Average Sale Price $ 552,137 $ 550,000
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change -7.223% -16.066% -1.453% -3.146% -6.206% 7.070% 18.186% 5.219% 14.227%
Number of Listing Sold 26 15 15 14 24 19 20 14 14 17
Days on the Market 135 120 125 96 96 133 118 118 71 72
$552,012
$520,635 $483,030
$459,286
$405,427 $399,538 $386,967
2006
2007
Average Sale Price $ 520,635 $ 483,030 $ 405,427 $ 399,538 $ 386,967 $ 362,951 $ 388,613 $ 459,286 $ 483,257 $ 552,012
2008
2009
Source: MLSPIN, as of 01/22/2016
2010
$362,951
2011
$483,257
$388,613
2012
2013
2014
2015
Market statistics
Total Sold - Milton, MA Multifamily Homes, 1/1/2015 - 12/31/2015
# of
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
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
2 1 1 1 6 3 3
60 36 46 14 122 59 34
$311,900 $365,000 $419,000 $464,000 $560,417 $654,967 $728,333
$206,700 $395,000 $419,000 $454,900 $585,150 $662,933 $762,333
181 92 100 102 96 99 96
$204,950 $395,000 $419,000 $454,900 $605,483 $669,900 $762,333
184 92 100 102 93 98 96
17
72
$552,012
$557,000
107
$565,200
106
Source: MLSPIN, as of 01/22/2016
SERVICE@DWELL360.Com | 617-299-1854
Trust. Knowledge. Experience.
www.Dwell360.com Service@Dwell360.com 617-299-1854
You want an agent who cares – We are experienced real estate agents who use professional marketing tools. We have neighborhood insight and are current with local market conditions. We know the inventory, have opinions about each property, are confident negotiators, and care about our clients – because buying and selling a home is a big deal! Dwell360 46 Austin Street Suite 302 Newton, MA 02460