Market Report Norwood, Massachusetts
Single Family and Condominium Homes Y e a r E n d 2 0 15
Norwood Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2015 Range 2 Bed $200,000 - $370,000 3 Bed $228,000 - $580,000 4 Bed $149,000 - $815,000 5-6 Bed $375,000 - $785,000
Number of Listing Sold 15 116 72 8
Days on the Market 28 57 53 82
Average Sale Price $ 305,587 $ 388,935 $ 471,234 $ 564,275
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change -7.367% -1.844% -10.851% 3.396% -2.775% -1.520% 8.493% 6.360% 3.267%
$436,856 $404,671 $397,210
2006
2007
2008
Number of Listing Sold 150 143 137 121 154 152 178 224 206 211
Days on the Market 95 115 113 91 77 98 87 62 63 55
$350,562$380,334 $354,108 $366,134 $355,972
2009
2010
2011
2012
2013
Average Sale Price $ 436,856 $ 404,671 $ 397,210 $ 354,108 $ 366,134 $ 355,972 $ 350,562 $380,334 $ 404,525 $ 417,741 $404,525$417,741
2014
2015
Source: MLSPIN, as of 01/22/2016
Cover Image: Phelan, John. (June 2, 2010). Norwood Memorial Municipal Building, Norwood Massachusetts [photo]. Retrieved from https://goo.gl/2iHORP.
Market statistics
Total Sold - Norwood, MA Single Family, 1/1/2015 - 12/31/2015
# of
Price Range $100,000 - $149,999 $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
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 0 5 14 36 41 51 23 32 3 4 1
2 0 45 69 60 54 46 49 70 17 50 1
$149,000 $0 $225,600 $278,200 $325,724 $375,173 $427,967 $472,900 $542,605 $636,000 $768,500 $815,000
$149,000 $0 $252,780 $288,007 $332,675 $379,415 $427,792 $479,691 $544,869 $642,567 $781,950 $849,000
100 0 91 97 98 99 100 99 100 99 98 96
$149,000 $0 $268,780 $302,700 $342,108 $383,893 $431,300 $482,352 $555,341 $652,633 $798,225 $849,000
100 0 86 92 96 98 99 98 98 98 96 96
211
55
$417,741
$422,597
99
$429,608
97
Source: MLSPIN, as of 01/22/2016
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Norwood Statistics Condominiums/Townhomes Average Sale Price - No. Of Bedrooms 2015
1 Bed 2 Bed 3 Bed 4-5 Bed
Range $125,000 - $234,000 $145,000 - $359,900 $275,000 - $556,000 $201,894 - $415,000
Number of Listing Sold 9 36 11 2
Days on the Market 97 49 73 54
Average Sale Price $ 176,833 $ 280,976 $ 394,255 $ 308,447
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change 3.994% -20.642% -2.402% 13.890% -17.741% 3.566% 10.429% 4.653% 6.311%
Number of Listing Sold 67 78 54 50 38 44 56 54 60 58
Days on the Market 104 166 187 198 133 139 145 93 63 61
Average Sale Price $ 299,169 $ 311,117 $ 246,896 $ 240,966 $ 274,437 $ 225,749 $ 233,799 $ 258,182 $ 270,195 $ 287,247
$311,117 $299,169 $274,437 $246,896 $240,966
2006
2007
2008
2009
Source: MLSPIN, as of 01/22/2016
$258,182
$270,195
$287,247
$225,749 $233,799
2010
2011
2012
2013
2014
2015
Market statistics
Total Sold - Norwood, MA Condominiums/Town Homes, 1/1/2015 - 12/31/2015
# of
Price Range $100,000 - $149,999 $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
4 7 9 8 20 5 2 0 3
40 91 29 83 54 78 59 0 73
$140,000 $176,714 $214,822 $286,465 $318,125 $368,180 $414,500 $0 $535,267
$141,825 $180,100 $222,122 $292,640 $324,115 $377,724 $409,500 $0 $523,233
$99 $98 $97 $98 $98 $97 $101 $0 $102
$141,825 $180,957 $221,556 $296,128 $326,370 $381,724 $422,000 $0 $519,900
$99 $98 $97 $97 $98 $97 $98 $0 $103
58
61
$287,247
$291,859
98
$293,737
98
Source: MLSPIN, as of 01/22/2016
SERVICE@DWELL360.Com | 617-299-1854
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