Waltham MA Single Family Real Estate Statistics For The Full Year 2016

Home sales figures will give you a sense of the condition of a local market. Things could change often, so it is helpful to stay current if you are looking to buy or sell in Waltham. The Waltham MA single family real estate statistics for the full year 2016 below includes up-to-date information.

Waltham MA single family Home Prices

Home prices are a glimpse of an individual market. For full year 2016, single family Waltham MA houses had an average sales price of 544063. During the prior year, that average was $498,348. This represents a 9.17 % change. Before that, it was $475,331.

2016 $544,063
2015 $498,348
2014 $475,331

Waltham MA Listing Activity

Evaluating listing volume is helpful for several reasons. Low numbers can indicate little inventory, which then leads to pent up demand and boost prices. This may be found in a sellers market. Alternatively, high inventory can create a surplus. Home buyers will have the advantage in that scenario as sellers must vie to get their homes sold.

In Waltham MA for the full year 2016, the listing volume was 373. This shows a 4.78% change from the prior year (which was356). In the year before that, it shifted 2.01% from 349 to 356.

2016 373
2015 356
2014 349

Waltham MA 2016 Full Year Average Listing Time Frame

Average listing time frame is the amount of time it requires for a home to go under contract. It will tell you how hot the market may be and what advantage you could have as a buyer or seller. When homes are moving in fewer days, as a prospective home buyer, you might not have the benefit of waiting very long to act as the house might be under contract quickly. When wanting to sell a house, it is helpful to set sensible expectations for marketing efforts. Do not forget that the set price and presentation of an individual property may impact this time frame.

The Average listing time frame in Waltham MA for the full year decreased -18.87% from 53 to 43. In the time frame before that, it moved 17.78% from 45 to 53.

2016 43
2015 53
2014 45

 

Waltham MA Single Family Real Estate Statistics For The Full Year 2016

For additional Waltham MA single family real estate statistics for the full year 2016 or reports for other areas, please contact Jeanne Umbrello at at Wal-Lex Realty The statistics above was extracted from the Massachusetts MLS Property Information Network, Inc. It is meant to provide a basic overview of the real estate market, is not certified, and might not necessarily include every single single family transacted in Waltham.