Middlesex County Real Estate News: High-End Market Watch, First Three Quarters, 2007-2016

Market Highlights

  • Record high-end $2,000,000+ sales (182 vs 162 last year)
  • Large inventory of listings (235 vs a record 245 last year)
  • Top sale: $6,700,000, 383 River Road, Carlisle
  • LandVest’s markets continue to improve in volume, turnover, and with significant record sales
  • Special properties, expertly presented, reaching out to a broad market with a strong value proposition, are well received by the market


Active Listings

In Middlesex County, Massachusetts, at the end of the third quarter of 2016 the inventory of high-end listings contracted slightly to 235 compared to the record 245 at the same time last year.

On Middlesex, the high-end market is predominately in the $2-$3 million range.

High-End Sales

Sales in the first three quarters of 2016 were strong with 182 sales vs. 162 in 2015 and 113 in 2014.


Q1-Q3 Top Sale

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.

Property: 383 River Road • Town: Carlisle • Selling price: $6,700,000
Source: MLS


Highest & Median Sale


Days on Market

Days on market for high-end sales decreased to 140 in the first three quarters of 2016 from 143 last year and are lower than the average from 2007-2016 of 168. Improving demand is resulting in quicker sales.

6 Days on market

Sales by Town

Fourteen of the 54 cities and towns in Middlesex County, Massachusetts, had high-end sales in the first three quarters of 2016: Belmont, Cambridge, Carlisle, Concord, Framingham, Hopkinton, Lexington, Lincoln, Natick, Newton, Sherborn, Wayland, Weston, and Winchester.

Over the period 2007-2016, Newton is the leader with 313 sales followed by Weston (218), Cambridge (157), and Concord (99).


9 footer

For additional information about LandVest’s brokerage, real estate consulting, and appraisal services, please contact:

Stewart Young | (syoung@landvest.com) | 617-359-8930
or click here to view Stewart’s current Real Estate listings.