Is Newburyport North End, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Newburyport North End has remained a Seller's Market.
Key Takeaway
Newburyport North End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newburyport North End, MA
How much do homes in Newburyport North End, MA cost?
Median Sold Price
$750,000
$494/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Newburyport North End have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Newburyport North End was $750,000 in April 2024, up 5.4% from last year, and the median price per square foot was $494.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379K | $375K | -1.1% |
| 2 Bedrooms | $583.7K | $605K | +3.6% |
| 3 Bedrooms | $775K | $877.5K | +13.2% |
| 4 Bedrooms | $1.2M | $1.3M | +6.3% |
| 5+ Bedrooms | $1.4M | $1.2M | -10.6% |
Summary: Newburyport North End housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Newburyport South End | $800K | $850K | +6.3% |
| Newburyport North End | $711.5K | $750K | +5.4% |
Housing Supply in Newburyport North End, MA
How many homes are available in Newburyport North End, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 52 | +26.8% |
Summary: The Newburyport North End real estate market had 52 homes for sale in April 2024, a 26.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Newburyport North End housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburyport North End, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Newburyport North End in April 2024, up by 57.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for Newburyport North End, MA
How long does it take to sell a home in Newburyport North End, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 35 Days | +55.8% |
Summary: Homes in Newburyport North End had an average of 35 days on market in Apr 2024, up by 55.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Newburyport North End are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Newburyport North End; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
