New Construction Needham MA
Prospective homebuyers have more options with the new construction in Needham, MA. According to newhomesource.com, 32 new communities are offering 433 homes as recently as March 2023. Prices start in the high $300s and go up to as high as $1.8M for first-occupant homes built by reputable homebuilders like Pulte, Toll Brothers, and Stonebridge Homes.
Unlike typical homes, these are turnkey because they need no repairs, and no owner needs to arrange a move-out. In addition, you have options for single-family homes, townhomes, and condos, each offering a unique combination of amenities such as price, style, and location. Many of these homes are built in areas within 25 miles of Needham, such as Sudbury, North Reading, and Walpole.
If you prefer homes within the city limits of Needham, Realtor.com lists 15 new construction homes for sale, starting in the low millions for a condo. Meanwhile, a 4-bed/3-bath, 3500+ sq. ft. home on a ¼-acre lot is starting above $1.8M. At the top of this market, luxury new construction homes are approaching $1.5M. This offers an 8K+ sq. ft. interior and sits on nearly 10 acres! There’s plenty to consider.
According to Redfin.com, median home sale prices have increased 29.3% to $1.325M Y-O-Y as of January 2023. They’re selling for 95.6% of the list price, which means there’s some willingness by owners to negotiate. However, many older homes must pass an inspection and need cosmetic improvements and updates afterward. Call today to learn how buyers, sellers, and investors can plan their success in this market.
- Find new construction in Needham, MA, with help from an experienced local agent.
