Is West Newbury, 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, West Newbury was a Neutral Market.
Housing Prices in West Newbury, MA
How much do homes in West Newbury, MA cost?
Median Sold Price
$810,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Newbury was $810,000 in April 2024, up 0.4% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $515K | $517.5K | 0.5% |
3 Bedrooms | $793.5K | $719.5K | -9.3% |
4 Bedrooms | $875K | $937.4K | +7.1% |
5+ Bedrooms | $1.1M | $1.8M | +61.3% |
Summary: West Newbury 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 0.5%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 61.3%.
Median Sold Price Compared To Nearby Cities
Amesbury Town | $538.3K | $610K | +13.3% |
Amesbury | $538.3K | $610K | +13.3% |
Merrimac | $575K | $622.5K | +8.3% |
West Newbury | $807K | $810K | 0.4% |
Housing Supply in West Newbury, MA
How many homes are available in West Newbury, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Summary: The West Newbury real estate market had 13 homes for sale in April 2024, a 30.0% 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 | 1 | +100.0% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Newbury 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 increased by 100%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in West Newbury in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for West Newbury, MA
How long does it take to sell a home in West Newbury, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 49 Days | +134.9% |
Summary: Homes in West Newbury had an average of 49 days on market in Apr 2024, up by 134.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in West Newbury; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.