The 2023 real estate market is upon us, and buyers are demanding more homes in Needham, Massachusetts than the market has to offer.

The average price of a single family home in Needham hit an all-time high in 2022, reaching $1,684,030! This is a staggering 108% price increase over the last ten years. Homes last year sold for an average of $534 per square foot.

Condominiums and townhomes make up a much smaller portion of the market in Needham, and their prices continued to cool off after making a big jump in 2020. Average sale price last year was $817,997, which amounts to a 78% gain since 2012.

How did Needham compare to other towns across Massachusetts? Read our full Needham Massachusetts Real Estate Market Report below, or visit our Reports page for the current statistics in many more communities throughout the Greater Boston Area.

Navigating this fast-paced environment takes experience and skill. Since founding Dwell360 in 2010, REALTORS® Ed Johnston and John Lynch have been providing our clients with the strategic vision needed to sell their homes with confidence. As an independent boutique brokerage located in Waban Village, we have perfected a comprehensive process for selling your home with less stress, fewer complications, and more money in your pocket. Please contact us to learn more.

Dwell360 is an elite residential real estate firm based in Newton, Massachusetts, servicing the cities and suburbs of metro Boston. Dwell360 is a leader in luxury real estate throughout Boston, Brookline, Newton, Needham, and other communities of the greater Boston area and on Cape Cod. Give us a call!

What is your home worth?

A Dwell360 REALTOR® will review your property and email you the value in today’s market.