Is West Newbury, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Newbury is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in West Newbury, MA cost?

Median Sold Price

$772,500

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

-$37,500(-4.6%)

Key Takeaway

Homes in West Newbury have sold for 4.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $507.5K$549K
+8.2%
3 $699.9K$755K
+7.9%
4 $885K$875K
-1.1%
5+ $1.1M$1.8M
+59.8%

Median Sold Price Compared To Nearby Cities

Amesbury Town
+13.5%
Amesbury
+13.5%
Merrimac
+7.1%
West Newbury
-4.6%

How many homes are available in West Newbury, MA?

Number of Homes For Sale

Nov 2022Dec 2022%
116-45.5%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 31
-66.7%
5+ 20
-100.0%

Number of Homes Sold

Nov 2022Dec 2022%
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Newbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
54 Days18 Days-66.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

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1 Farm Ln, West Newbury, MA 01985

$425,000

4

1 Full, 1 Partial

1,666 SqFt

1 Farm Ln, West Newbury MA, 01985

Sandra Berkenbush

Listing Office:

Stone Ridge Properties, Inc.

#73073545

MLS logo
836 Main St, West Newbury, MA 01985

$699,900

4

2

2,120 SqFt

836 Main St, West Newbury MA, 01985

Karol Flannery

Listing Office:

Bentley's

#73072343

MLS logo
4 Norino Dr, West Newbury, MA 01985

$399,000

Land

2.42 Acres

4 Norino Dr, West Newbury MA, 01985

Joshua Frappier

Listing Office:

REAL Broker MA LLC

#73063685

MLS logo
11 Crane Neck St, West Newbury, MA 01985

$585,000

2

2

2,074 SqFt

11 Crane Neck St, West Newbury MA, 01985

Melanie Cosgrove

Listing Office:

Bentley's

#73052571

MLS logo
11 Crane Neck St, West Newbury, MA 01985

$585,000

2

2

2,074 SqFt

11 Crane Neck St, West Newbury MA, 01985

Melanie Cosgrove

Listing Office:

Bentley's

#73052428

MLS logo

About West Newbury, MA

There are 6 homes are for sale in West Newbury, MA real estate market. The number of homes for sale in West Newbury, MA decreased by 45.5% between November 2022 and December 2022. In December 2022 median list price was $772,500 and the average listing age was 18 days. This housing market listing prices have changed between November 2022 and December 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 8.2% more expensive, 3 bedrooms properties became 7.9% more expensive, 4 bedrooms properties prices decreased by 1.1%, prices of 5 bedrooms properties increased by 59.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 25% less available, volume of 4 bedrooms homes went down by 66.7%, number of 5 bedrooms homes decreased by 100%. West Newbury, MA housing market in December 2022 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc. for the period 01/01/2021 - 01/01/2023

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.

Note: Any Compensation information displayed on listing details is only applicable to other member participants of the source MLS.

Last updated on: 1/27/2023, 1:24:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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