Is Newtonville, 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, Newtonville has remained a Seller's Market.
Housing Prices in Newtonville, MA
How much do homes in Newtonville, MA cost?
Median Sold Price
$1,450,000
$564/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Newtonville was $1,450,000 in March 2024, up 11.1% from last year, and the median price per square foot was $564.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $490K | - | N/A |
2 Bedrooms | $779.5K | $837.5K | +7.4% |
3 Bedrooms | $1.2M | $1.3M | +5.9% |
4 Bedrooms | $1.5M | $1.7M | +18.7% |
5+ Bedrooms | $1.5M | $1.5M | -2.4% |
Summary: Newtonville 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 increased by 7.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
Nonantum | $975K | $1.1M | +14.1% |
Newtonville | $1.3M | $1.4M | +11.1% |
Newton Centre | $1.8M | $1.9M | +2.1% |
Newton Corner | $1.4M | $1.4M | -0.3% |
West Newton | $1.2M | $1.2M | -4.2% |
Housing Supply in Newtonville, MA
How many homes are available in Newtonville, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Newtonville real estate market had 17 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Newtonville 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Newtonville in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Newtonville, MA
How long does it take to sell a home in Newtonville, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 15 Days | -28.8% |
Summary: Homes in Newtonville had an average of 15 days on market in Mar 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Newtonville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.