Market Report Norwood, Massachusetts
Single Family Homes Y e a r E n d 2 0 13
Norwood Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
1-2 Bed 3 Bed 4 Bed 5-6 Bed
Range $215,000 - $371,000 $200,000 - $581,000 $185,000 - $695,000 $250,000 - $875,000
Number of Listing Sold 22 125 64 13
Days on the Market 47 50 80 107
Average Sale Price $ 298,875 $ 357,735 $ 415,998 $ 559,915
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $411,939
2004
5.618% 0.408% -7.367% -1.844% -10.851% 3.396% -2.775% -1.520% 8.493% $435,082 $436,856
2005
Number of Listing Sold 178 177 150 143 137 121 154 152 178 224
$404,671 $397,210
2006
Source: MLSPIN, as of 02/11/2014
2007
2008
Days on the Market 42 67 95 115 113 91 77 98 87 62
Average Sale Price $ 411,939 $ 435,082 $ 436,856 $ 404,671 $ 397,210 $ 354,108 $ 366,134 $ 355,972 $ 350,562 $ 380,334
$380,334 $354,108 $366,134 $355,972 $350,562
2009
2010
2011
2012
2013
Market statistics
Total Sold - Norwood, MA Single Family, 1/1/2013 - 12/31/2013
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
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 6 27 63 55 38 13 12 6 1 2
376 140 63 46 63 48 87 58 89 21 155
$185,000 $227,317 $279,715 $324,105 $372,267 $422,429 $468,723 $548,767 $657,744 $799,999 $861,500
$194,900 $236,450 $290,052 $329,816 $379,936 $427,734 $477,315 $555,658 $682,133 $799,999 $875,000
95 96 97 98 98 99 98 99 97 100 98
$195,900 $253,933 $299,419 $336,036 $389,033 $432,813 $491,531 $562,250 $695,317 $799,999 $900,000
94 90 94 97 96 98 95 98 95 100 96
224
62
$380,334
$387,900
98
$396,101
96
Source: MLSPIN, as of 02/11/2014
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