Is Newburyport South 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 South End has remained a Seller's Market.
Key Takeaway
Newburyport South End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newburyport South End, MA
How much do homes in Newburyport South End, MA cost?
Median Sold Price
$850,000
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Newburyport South End have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Newburyport South End was $850,000 in April 2024, up 6.3% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $418K | -1.6% |
| 2 Bedrooms | $594.5K | $679K | +14.2% |
| 3 Bedrooms | $927.5K | $1.1M | +22.1% |
| 4 Bedrooms | $1.5M | $1.5M | -5.1% |
| 5+ Bedrooms | $2.0M | $829.9K | -59.5% |
Summary: Newburyport South End housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 59.5%.
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 South End, MA
How many homes are available in Newburyport South End, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Newburyport South End real estate market had 23 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 9 | 3 | -66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Newburyport South 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 14.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburyport South End, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Newburyport South End in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Newburyport South End, MA
How long does it take to sell a home in Newburyport South End, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +48.7% |
Summary: Homes in Newburyport South End had an average of 16 days on market in Apr 2024, up by 48.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newburyport South End are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Newburyport South End; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
