Market Report Newton, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 13
Newton Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7 Bed
Range $279,900 - $865,000 $226,100 - $1,500,000 $360,000 - $2,650,000 $632,000 - $3,600,000 $560,000 - $4,000,000 $1,089,000 - $6,300,000
Number of Listing Sold 25 198 199 138 56 9
Days on the Market 21 31 48 76 83 61
$ $ $ $ $ $
Average Sale Price 514,596 717,951 998,442 1,476,022 1,818,704 2,064,000
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
% Change 5.988% -2.652% 4.053% -3.384% -2.769% 0.367% 3.011% 6.855% 11.607%
Number of Listing Sold 644 576 577 617 499 511 518 517 633 625
Days on the Market 75 75 115 99 75 78 76 87 76 51
$ $ $ $ $ $ $ $ $ $
Average Sale Price 872,143 924,369 899,853 936,321 904,638 879,587 882,812 909,395 971,733 1,084,518 $1,084,518
$971,733 $924,369 $899,853 $936,321 $904,638 $879,587 $882,812 $909,395 $872,143
2004
2005
2006
Source: MLSPIN, as of 1/30/2014
2007
2008
2009
2010
2011
2012
2013
Market statistics
Total Sold - Newton, MA Single Family Homes, 1/1/2013 - 12/31/2013 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$200,000 - $249,999
1
33
$226,100
$250,000
90
$250,000
90
$250,000 - $299,999
2
44
$280,950
$294,950
95
$319,700
89
$300,000 - $349,999
4
144
$339,475
$359,450
95
$365,725
94
$350,000 - $399,999
5
64
$375,000
$393,900
95
$403,700
93
$400,000 - $449,999
9
36
$422,322
$422,300
100
$427,189
99
$450,000 - $499,999
18
43
$470,181
$478,672
98
$486,661
97
$500,000 - $599,999
54
24
$554,586
$554,639
100
$562,789
99
$600,000 - $699,999
70
45
$648,351
$644,895
101
$656,598
99
$700,000 - $799,999
79
28
$742,828
$731,285
102
$738,984
101
$800,000 - $899,999
63
39
$855,175
$830,241
103
$847,160
102
$900,000 - $999,999 $1,000,000 - $1,499,999
50 168
34 45
$946,241 $1,231,941
$929,564 $1,233,212
102 100
$943,250 $1,257,941
101 99
$1,500,000 - $1,999,999 $2,000,000 - $2,499,999
53 34
98 138
$1,727,119 $2,254,968
$1,762,257 $2,381,265
98 95
$1,823,504 $2,439,882
95 93
$2,500,000 - $2,999,999
7
114
$2,754,643
$2,890,286
95
$2,939,714
94
$3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999
6 1 1
93 71 19
$3,596,667 $4,000,000 $6,300,000
$3,739,167 $4,800,000 $6,500,000
96 83 97
$3,780,833 $5,700,000 $6,500,000
95 70 97
625
51
$1,084,518
$1,094,114
100
$1,117,824
99
Price Range
Total Properties Source: MLSPIN, as of 1/30/2014
SERVICE@DWELL360.Com | 617-299-1854
Newton Statistics Condominiums / Townhomes Average Sale Price - Number of Bedrooms - 2013 Range $186,000 - $465,000 $185,000 - $1,299,000 $340,000 - $1,490,000 $375,000 - $1,525,000 $569,000 - $1,126,000
1 Bed 2 Bed 3 Bed 4 Bed 5-6 Bed
Number of Listing Sold 47 135 123 57 4
Days on the Market 45 49 43 63 31
$ $ $ $ $
Average Sale Price 293,426 458,171 645,130 819,445 841,750
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $524,025
2004
Number of Listing Sold 381 337 278 290 259 240 262 248 317 366
% Change 6.320% -5.441% 2.638% -7.104% -5.999% -1.453% 1.188% 9.046% 9.126% $557,145
2005
$526,829 $540,727
2006
2007
Source: MLSPIN, as of 2/11/2014
Days on the Market 85 76 106 132 96 102 126 107 94 48
$ $ $ $ $ $ $ $ $ $
Average Sale Price 524,025 557,145 526,829 540,727 502,313 472,181 465,320 470,848 513,443 560,302 $560,302
$502,313
2008
$472,181 $465,320 $470,848
2009
2010
2011
$513,443
2012
2013
Market statistics
Total Sold - Newton, MA Condominiums / Townhomes, 1/1/2013 - 12/31/2013 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$150,000 - $199,999
2
408
$185,500
$181,250
102
$181,250
102
$200,000 - $249,999
13
65
$228,346
$233,892
98
$235,815
97
$250,000 - $299,999
23
53
$277,865
$278,557
100
$286,378
98
$300,000 - $349,999
36
24
$323,144
$326,433
99
$412,072
97
$350,000 - $399,999
34
90
$375,197
$380,059
99
$387,238
97
$400,000 - $449,999
46
47
$424,098
$432,036
98
$435,102
98
$450,000 - $499,999
31
17
$470,519
$470,074
100
$470,090
100
$500,000 - $599,999
51
48
$546,548
$548,706
100
$554,929
99
$600,000 - $699,999
34
33
$647,059
$649,373
100
$656,226
99
$700,000 - $799,999
38
27
$745,775
$741,697
101
$747,703
100
$800,000 - $899,999
21
58
$857,180
$860,318
100
$875,329
98
$900,000 - $999,999
15
52
$954,830
$974,260
98
$997,400
96
$1,000,000 - $1,499,999 $1,500,000 - $1,999,999
21 1
66 130
$1,180,667 $1,525,000
$1,196,705 $1,575,000
99 97
$1,219,514 $1,675,000
97 91
366
48
$560,380
$564,380
99
$579,936
98
Price Range
Total Properties Source: MLSPIN, as of 2/11/2014
SERVICE@DWELL360.Com | 617-299-1854
Newton Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2013 Range $450,000 - $2,240,000 $780,000 - $1,100,000 $629,000 - $1,120,000
2 Units 3 Units 4 Units
Number of Listing Sold 62 3 3
Days on the Market 49 118 22
Average Sale Price $ 718,140 $ 923,333 $ 836,000
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
% Change 8.968% -11.433% 7.331% -13.227% -0.978% -5.257% 2.527% 11.611% 10.561% $748,060
$686,496
2004
$662,532
2005
2006
Number of Listing Sold 78 65 59 56 36 43 60 55 65 68
Days on the Market 58 44 77 75 84 76 98 101 75 51
$732,392
$711,105
$617,049 $611,012
2007
Source: MLSPIN, as of 2/11/2014
Average Sale Price $ 686,496 $ 748,060 $ 662,532 $ 711,105 $ 617,049 $ 611,012 $ 578,889 $ 593,518 $ 662,432 $ 732,392
2008
2009
$662,432
$578,889 $593,518
2010
2011
2012
2013
Market statistics
Total Sold - Newton, MA Multifamily Homes, 1/1/2013 - 12/31/2013 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$450,000 - $499,999
5
103
$469,800
$470,760
100
$480,760
98
$500,000 - $599,999
15
54
$560,960
$563,407
100
$576,630
98
$600,000 - $699,999
18
61
$652,528
$661,400
99
$668,572
98
$700,000 - $799,999
13
41
$753,846
$753,308
100
$759,531
99
$800,000 - $899,999
9
34
$852,117
$872,311
98
$880,744
97
$900,000 - $999,999
3
15
$949,900
$909,000
105
$909,000
105
$1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999
4 0 1
32 0 5
$1,183,750 $0 $2,240,000
$1,193,250 $0 $2,250,000
101 0 100
$1,218,750 $0 $2,250,000
100 0 100
68
51
$732,392
$736,822
100
$746,179
99
Price Range
Total Properties Source: MLSPIN, as of 2/11/2014
SERVICE@DWELL360.Com | 617-299-1854
Trust. Knowledge. Experience.
www.Dwell360.com Service@Dwell360.com 617-299-1854
You want an agent who cares – We are experienced real estate agents who use professional marketing tools. We have neighborhood insight and are current with local market conditions. We know the inventory, have opinions about each property, are confident negotiators, and care about our clients – because buying and selling a home is a big deal! Dwell360 46 Austin Street Suite 302 Newton, MA 02460