Is Newburyport West End, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Newburyport West End was a Seller's Market.
Key Takeaway
Newburyport West End is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Newburyport West End, MA
How much do homes in Newburyport West End, MA cost?
Median Sold Price
$878,500
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Newburyport West End have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Newburyport West End was $878,500 in March 2024, down 7.5% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $575K | N/A |
| 3 Bedrooms | $797.5K | $832.5K | +4.4% |
| 4 Bedrooms | $1.0M | $920.9K | -8.0% |
| 5+ Bedrooms | - | $955K | N/A |
Summary: Newburyport West End housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Newburyport North End | $714K | $760K | +6.4% |
| Newburyport West End | $950K | $878.5K | -7.5% |
Housing Supply in Newburyport West End, MA
How many homes are available in Newburyport West End, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Newburyport West End real estate market had 7 homes for sale in March 2024, a 75.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Newburyport West End housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Newburyport West End, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Newburyport West End in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Newburyport West End, MA
How long does it take to sell a home in Newburyport West End, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 14 Days | 22 Days | +57.1% |
Summary: Homes in Newburyport West End had an average of 22 days on market in Mar 2024, up by 57.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 West End are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Newburyport West 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.
