Is Newton Center, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Newton Center has remained a Seller's Market.
Housing Prices in Newton Center, MA
How much do homes in Newton Center, MA cost?
Median Sold Price
$1,720,000
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newton Center was $1,720,000 in April 2024, up 9.2% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $565K | $565K | 0.0% |
2 Bedrooms | $800K | $789.4K | -1.3% |
3 Bedrooms | $1.2M | $1.2M | 0.4% |
4 Bedrooms | $1.6M | $1.7M | +5.5% |
5+ Bedrooms | $2.5M | $2.4M | -0.6% |
Summary: Newton Center 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 decreased by 1.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
Chestnut Hill | $1.2M | $1.4M | +14.3% |
Needham | $1.3M | $1.4M | +9.6% |
Newton Center | $1.5M | $1.7M | +9.2% |
Needham Heights | $1.2M | $1.4M | +8.3% |
Newton | $1.3M | $1.4M | +7.9% |
Housing Supply in Newton Center, MA
How many homes are available in Newton Center, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 80 | +15.9% |
Summary: The Newton Center real estate market had 80 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 33 | 38 | +15.2% |
Summary: The Newton Center housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 15.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Newton Center in April 2024, up by 7.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.
Days on Market for Newton Center, MA
How long does it take to sell a home in Newton Center, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 19 Days | -37.0% |
Summary: Homes in Newton Center had an average of 19 days on market in Apr 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Newton Center; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.