Lexington MA Condo Prices Of Homes Sold For 3rd Quarter 2016

Property prices in an area continually fluctuate. The average price of homes sold provides a good overview of a particular market. Additional statistics such as the lowest, median, and highest selling prices are also useful. The Lexington MA condo prices of homes sold for 3rd quarter 2016 below include figures for the last few years.

Condo Home Prices for Lexington MA – 3rd Quarter

Average Price of Real Estate Sold

The average selling price in Lexington MA for the 3rd quarter decreased -8.7% from $591,169 (in 2015) to $539,733 (in 2016). This after it increased 30.66% from $452,444 (in 2014) to $591,169 (in 2015). Prior to that there was a -7.04% change. These figures exhibit no consistent direction across the last few years.

2012 $472,818
2013 $486,707
2014 $452,444
2015 $591,169
2016 $539,733

 

Low-end Selling Price of Listings Sold

The lowest selling price in Lexington MA for the 3rd quarter increased 57.25% from $230,203 (in 2015) to $361,995 (in 2016). During the prior period, it increased 18.05% from $195,000 (in 2014) to $230,203 (in 2015). Previous to that there was a -36.27% change.

2012 $183,000
2013 $306,000
2014 $195,000
2015 $230,203
2016 $361,995

 

Median Sale Price

The median selling price in Lexington MA for the 3rd quarter decreased -1.16% from $516,000 (in 2015) to $510,000 (in 2016). In the time frame previous to that, it increased 27.39% from $405,050 (in 2014) to $516,000 (in 2015). Prior to that was a -8.15% change.

2012 $405,500
2013 $441,000
2014 $405,050
2015 $516,000
2016 $510,000

 

Highest Sale Price of Homes Sold

The highest selling price in Lexington MA for the 3rd quarter increased 7.21% from $1,110,000 (in 2015) to $1,190,000 (in 2016). In the time frame previous to that, it increased 20.65% from $920,000 (in 2014) to $1,110,000 (in 2015). Prior to that there was a 0.33% change.

2012 $1,030,000
2013 $917,000
2014 $920,000
2015 $1,110,000
2016 $1,190,000

 

Lexington MA Condo Prices Of Homes Sold For 3rd Quarter 2016

For additional Lexington MA condo prices of homes sold for 3rd quarter 2016 or statistics for other cities and towns, please contact Jeanne Umbrello, REALTOR at Wal-Lex Realty by calling (781) 894-4321 or emailing jeanneumbrello@hotmail.com. Note: This information was obtained from third party sources including public records and the MA MLS Property Information Network, Inc. It is meant to offer a general overview of the market, are not guaranteed accurate, and might not necessarily include every condo sold in Lexington.