In Middlesex County, Massachusetts, at the end of 2016 the inventory of high-end listings contracted slightly to 147 compared to the record 159 at the same time last year, and is sharply down from 235 at the end of Q3.
In Middlesex, the high-end market is predominately in the $2-$3 million range.
Sales in 2016 were strong with 227 sales vs. 215 in 2015 and 161 in 2014.
Property: 383 River Road Town: Carlisle Selling price: $6,700,000 The 1992 Georgian mansion has 10,680 sq ft, an attached apartment above a 3-car garage, a separate 2-car carriage house, and pool. The house is sited on 8.3 acres with an additional 18.5 acres.
Source: MLS
Days on market for high-end sales decreased to 145 in 2016 from 153 last year and are lower than the average from 2007-2016 of 172.
Fifteen of the 54 cities and towns in Middlesex County, Massachusetts, had high-end sales in 2016: Belmont, Cambridge, Carlisle, Concord, Framingham, Hopkinton, Lexington, Lincoln, Natick, Newton, Sherborn, Sudbury, Wayland, Weston, and Winchester
Over the period 2007-2016, Newton is the leader with 386 sales followed by Weston (280), Cambridge (206), and Concord (124).
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Stewart Young | (syoung@landvest.com) | 617-359-8930 or click here to view Stewart's current Real Estate listings.
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