Is Newbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Newbury has remained a Seller's Market.
Key Takeaway
Newbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Newbury, MA cost?
Median Sold Price
$725,000
$351/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$30,000(+4.3%)
Key Takeaway
Homes in Newbury have sold for 4.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $862.5K | - | N/A |
| 2 Bedrooms | $617.4K | $596.3K | -3.4%  |
| 3 Bedrooms | $640K | $638K | -0.3% |
| 4 Bedrooms | $753.7K | $965K | +28.0% |
| 5+ Bedrooms | $967.5K | $1.5M | +57.6% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Rowley | +11.6% |
| West Newbury | +9.9% |
| Newburyport | +9.1% |
| Newbury | +4.3% |
| Byfield | -15.8% |
How many homes are available in Newbury, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 33 | 43 | +30.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 15 | 22 | +46.7% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newbury, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 43 Days | 27 Days | -36.5% |
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newbury are selling fast, if you're buying plan to act quickly.
