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.
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
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
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
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.