Is Newton, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Newton has remained a Seller's Market.

Key Takeaway

Newton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Newton, MA cost?

Median Sold Price

$1,249,250

$496/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$144,583(+13.1%)

Key Takeaway

Homes in Newton have sold for 13.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $463.7K$457.5K
-1.3%
2 $635K$675K
+6.3%
3 $925K$989K
+6.9%
4 $1.2M$1.3M
+15.6%
5+ $1.8M$1.8M
+4.5%

Median Sold Price Compared To Nearby Cities

Weston
+29.8%
Newton Center
+14.7%
Newton
+13.1%
Wellesley Hills
+9.9%
Needham Heights
+7.6%

How many homes are available in Newton, MA?

Number of Homes For Sale

Nov 2021Dec 2021%
297250-15.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 1613
-18.8%
2 2719
-29.6%
3 7964
-19.0%
4 7663
-17.1%
5+ 9991
-8.1%

Number of Homes Sold

Nov 2021Dec 2021%
7898+25.6%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

50 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton, you could pay more than the asking price. 51% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
41 Days27 Days-32.5%

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newton are selling fast, if you're buying plan to act quickly.

70 Walker St Unit 3, Newton, MA 02460

70 Walker St Unit 3, Newton, MA 02460

$2,150,000~$8,100/mo.*
4 Beds • 4 Baths4,054 SqFt
Omar Youssef#72935748Listing Office:
William Raveis R.E. & Home ServicesMLS logo
61 Walker St Unit 2, Newton, MA 02460

61 Walker St Unit 2, Newton, MA 02460

$1,399,000~$5,250/mo.*
5 Beds • 3 Baths2,748 SqFt
Michael Rothstein#72935695Listing Office:
Hammond Residential Real EstateMLS logo
129 Elliot St Unit 129, Newton, MA 02461

129 Elliot St Unit 129, Newton, MA 02461

$1,550,000~$5,850/mo.*
4 Beds • 4 Baths3,214 SqFt
The Collective#72935569Listing Office:
CompassMLS logo
55 June Ln, Newton, MA 02459

55 June Ln, Newton, MA 02459

$1,395,000~$5,250/mo.*
3 Beds • 3 Baths2,280 SqFt
James Lowenstern#72935541Listing Office:
Castles Unlimited®MLS logo
30 Cherry Pl Unit 2, Newton, MA 02465

30 Cherry Pl Unit 2, Newton, MA 02465

$1,089,000~$4,100/mo.*
3 Beds • 2 Baths2,420 SqFt
Alina Wang#72935402Listing Office:
Coldwell Banker Realty - LexingtonMLS logo
230 Woodward St, Newton, MA 02468

230 Woodward St, Newton, MA 02468

$1,495,000~$5,600/mo.*
5 Beds • 5 Baths2,749 SqFt
Michele Friedler Team#72935244Listing Office:
Hammond Residential Real EstateMLS logo
39 Dexter Rd, Newton, MA 02460

39 Dexter Rd, Newton, MA 02460

$2,850,000~$10,700/mo.*
6 Beds • 6 Baths5,924 SqFt
Anya Kogan#72935100Listing Office:
Castles Unlimited®MLS logo
180 Adams St Unit 5, Newton, MA 02458

180 Adams St Unit 5, Newton, MA 02458

$1,499,000~$5,650/mo.*
3 Beds • 4 Baths2,822 SqFt
Enrique Darer#72935057Listing Office:
Unlimited Sotheby's International RealtyMLS logo
18 Angier Cir, Newton, MA 02466

18 Angier Cir, Newton, MA 02466

$1,149,000~$4,300/mo.*
3 Beds • 2 Baths2,104 SqFt
Nancy McAuliffe#72935049Listing Office:
Coldwell Banker Realty - NewtonMLS logo
20 Carlson Ave, Newton, MA 02459

20 Carlson Ave, Newton, MA 02459

$2,799,999~$10,550/mo.*
6 Beds • 7 Baths7,797 SqFt
Irina Slepak#72934966Listing Office:
Commonwealth Standard Realty AdvisorsMLS logo
15 Williston, Newton, MA 02466

15 Williston, Newton, MA 02466

$4,350,000~$16,350/mo.*
7 Beds • 7 Baths8,480 SqFt
Erin Baumgartner#72934863Listing Office:
CompassMLS logo
212-214 Derby St, Newton, MA 02465

212-214 Derby St, Newton, MA 02465

$949,000~$3,550/mo.*
4 Beds • 4 Baths2,288 SqFt
Craig Brody#72934613Listing Office:
Douglas Elliman Real EstateMLS logo

About Newton, MA

Number of homes for sale in Newton, MA real estate market have reached 250. The inventory of homes for sale in Newton, MA between November 2021 and December 2021 decreased by 15.8%. While the average time on the market in December 2021 was 27 days, the median list price was $1,249,250. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 1.3%, 2 bedrooms properties became 6.3% more expensive, prices of 3 bedrooms properties went up by 6.9%, 4 bedrooms properties prices increased by 15.6%, the cost of 5 bedrooms properties went up by 4.5%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 18.8%, 2 bedrooms homes became 29.6% less available, the quantity of 3 bedrooms homes went down by 19%, 4 bedrooms homes inventory decreased by 17.1%, 5 bedrooms homes inventory decreased by 8.1%. While more than 50 listings in Newton, MA in December 2021 were sold above asking price, there were more than 8 listings sold at asking price, and more than 40 were sold below.

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc. for the period 01/01/2020 - 01/01/2022

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/23/2022, 11:55:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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