Is Newton Corner, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Newton Corner has remained a Seller's Market.
Key Takeaway
Newton Corner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newton Corner, MA
How much do homes in Newton Corner, MA cost?
Median Sold Price
$1,425,000
$567/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Newton Corner has remained the same since last year.
Summary: The median home sold price in Newton Corner was $1,425,000 in March 2024, down 0.3% from last year, and the median price per square foot was $567.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $487.5K | $478K | -1.9% |
| 2 Bedrooms | $687K | $755K | +9.9% |
| 3 Bedrooms | $1.0M | $1.0M | 0% |
| 4 Bedrooms | $1.5M | $1.5M | +2.3% |
| 5+ Bedrooms | $2.3M | $1.9M | -13.5% |
Summary: Newton Corner housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 9.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 13.5%.
Housing Supply in Newton Corner, MA
How many homes are available in Newton Corner, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 37 | +19.4% |
Summary: The Newton Corner real estate market had 37 homes for sale in March 2024, a 19.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Newton Corner 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 decreased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newton Corner, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Newton Corner in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Newton Corner, MA
How long does it take to sell a home in Newton Corner, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 32 Days | +7.1% |
Summary: Homes in Newton Corner had an average of 32 days on market in Mar 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newton Corner are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Newton Corner; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
