Market Report Norwood, Massachusetts
Single Family and Condominium Homes Y e a r E n d 2 0 14
Norwood Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Range 1-2 Bed $155,000 - $370,000 3 Bed $200,000 - $584,000 4 Bed $265,000 - $750,000 5-6 Bed $369,000 - $690,000
Number of Listing Sold 20 113 65 8
Days on the Market 67 58 68 74
Average Sale Price $ 298,685 $ 376,033 $ 476,203 $ 489,188
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change 0.408% -7.367% -1.844% -10.851% 3.396% -2.775% -1.520% 8.493% 6.360%
$435,082$436,856
2005
2006
$404,671 $397,210
2007
2008
Source: MLSPIN, as of 01/16/2015
Number of Listing Sold 177 150 143 137 121 154 152 178 224 206
Days on the Market 67 95 115 113 91 77 98 87 62 63
$354,108 $366,134 $355,972 $350,562
2009
2010
2011
2012
Average Sale Price $ 435,082 $ 436,856 $ 404,671 $ 397,210 $ 354,108 $ 366,134 $ 355,972 $ 350,562 $ 380,334 $ 404,525
$380,334
2013
$404,525
2014
Market statistics
Total Sold - Norwood, MA Single Family, 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
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
2 3 16 48 35 51 20 18 10 3
150 21 121 56 42 66 50 44 103 93
$167,500 $224,333 $273,563 $324,535 $370,251 $419,950 $469,215 $547,928 $653,010 $738,692
$197,400 $259,900 $280,086 $329,923 $374,114 $428,162 $473,425 $553,067 $657,870 $724,967
85 87 98 98 99 98 99 99 99 102
$210,700 $259,900 $294,738 $336,954 $377,089 $435,453 $476,670 $553,289 $675,380 $716,633
80 87 94 97 98 97 99 99 97 103
206
63
$404,525
$410,678
98
$416,957
97
Source: MLSPIN, as of 01/16/2015
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Norwood Statistics Condominiums/Townhomes Average Sale Price - No. Of Bedrooms 2014 Range 1 Bed $141,000 - $230,000 2 Bed $135,000 - $375,500 3 Bed $229,000 - $460,000 4-5 Bed $360,000 - $570,000
Number of Listing Sold 7 34 17 2
Days on the Market 73 67 49 82
Average Sale Price $ 159,843 $ 239,870 $ 353,365 $ 465,000
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change 0.427% 3.994% -20.642% -2.402% 13.890% -17.741% 3.566% 10.429% 4.653%
$297,897$299,169
Number of Listing Sold 74 67 78 54 50 38 44 56 54 60
2006
Average Sale Price $ 297,897 $ 299,169 $ 311,117 $ 246,896 $ 240,966 $ 274,437 $ 225,749 $ 233,799 $ 258,182 $ 270,195
$311,117 $274,437 $246,896 $240,966
2005
Days on the Market 60 104 166 187 198 133 139 145 93 63
2007
2008
Source: MLSPIN, as of 01/16/2015
2009
$258,182
$270,195
$225,749 $233,799
2010
2011
2012
2013
2014
Market statistics
Total Sold - Norwood, MA Condominiums/Town Homes, 1/1/2014 - 12/31/2014
# 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
5 16 5 13 9 8 1 2 1
107 65 52 66 51 47 71 55 83
$143,000 $176,172 $228,480 $277,018 $331,989 $378,613 $437,500 $455,000 $570,000
$151,320 $182,900 $236,680 $276,715 $337,700 $381,938 $459,900 $459,450 $575,000
$95 $96 $96 $100 $98 $99 $95 $99 $99
$159,940 $184,794 $242,360 $278,246 $345,278 $822,075 $459,900 $469,450 $575,000
$90 $96 $94 $100 $96 $88 $95 $97 $99
60
63
$270,195
$275,205
98
$337,388
95
Source: MLSPIN, as of 01/16/2015
SERVICE@DWELL360.Com | 617-299-1854
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