Is Newton Highlands, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Newton Highlands was a Buyer's Market.
Key Takeaway
Newton Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newton Highlands, MA
How much do homes in Newton Highlands, MA cost?
Median Sold Price
$1,430,000
$569/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Newton Highlands have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Newton Highlands was $1,430,000 in April 2024, up 6.3% from last year, and the median price per square foot was $569.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | - | N/A |
| 2 Bedrooms | $716K | $838K | +17.0% |
| 3 Bedrooms | $1.2M | $1.1M | -3.9% |
| 4 Bedrooms | $1.3M | $1.2M | -5.0% |
| 5+ Bedrooms | $2.5M | $1.9M | -23.1% |
Summary: Newton Highlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 23.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Thompsonville | $1.3M | $1.6M | +22.4% |
| Newton Upper Falls | $935K | $1.1M | +20.9% |
| Oak Hill | $1.8M | $2.2M | +18.5% |
| Newton Highlands | $1.3M | $1.4M | +6.3% |
| Newton Centre | $1.9M | $1.8M | -4.5% |
Housing Supply in Newton Highlands, MA
How many homes are available in Newton Highlands, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The Newton Highlands real estate market had 28 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Newton Highlands 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 9 | +800.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newton Highlands, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Newton Highlands in April 2024, up by 800.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Newton Highlands, MA
How long does it take to sell a home in Newton Highlands, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 15 Days | -24.4% |
Summary: Homes in Newton Highlands had an average of 15 days on market in Apr 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newton Highlands are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Newton Highlands; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
