Market Report Newton, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 14
Newton Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014
1-2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7+ Bed
Range $360,000 - $887,000 $445,000 - $1,267,500 $425,000 - $2,350,000 $380,000 - $5,750,000 $765,000 - $4,100,000 $879,000 - $3,820,000
Number of Listing Sold 15 194 187 122 44 17
Days on the Market 30 31 46 73 113 80
$ $ $ $ $ $
Average Sale Price 568,020 752,363 1,070,349 1,582,117 1,871,681 1,859,415
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -2.652% 4.053% -3.384% -2.769% 0.367% 3.011% 6.855% 11.607% 5.333%
Number of Listing Sold 576 577 617 499 511 518 517 633 625 580
Days on the Market 75 115 99 75 78 76 87 76 51 52
$ $ $ $ $ $ $ $ $ $
Average Sale Price 924,369 899,853 936,321 904,638 879,587 882,812 909,395 971,733 1,084,518 1,142,354
$1,142,354 $1,084,518 $971,733 $924,369 $899,853 $936,321 $904,638 $879,587 $882,812 $909,395
2005
2006
2007
Source: MLSPIN, as of 1/23/2015
2008
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Newton, MA Single Family Homes, 1/1/2014 - 12/31/2014 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$350,000 - $399,999
2
74
$370,000
$399,450
93
$399,450
93
$400,000 - $449,999 $450,000 - $499,999
3 15
52 62
$423,333 $481,540
$469,600 $488,793
91 99
$499,300 $502,860
85 96
$500,000 - $599,999
44
42
$547,566
$551,943
100
$561,689
98
$600,000 - $699,999
58
40
$653,016
$647,807
101
$658,155
100
$700,000 - $799,999
59
36
$743,654
$735,844
101
$744,286
100
$800,000 - $899,999
62
34
$846,539
$828,553
103
$839,556
101
$900,000 - $999,999
62
25
$943,146
$925,330
102
$936,395
101
$1,000,000 - $1,499,999
153
46
$1,215,827
$1,211,359
101
$1,241,033
99
$1,500,000 - $1,999,999
79
90
$1,706,878
$1,763,978
97
$1,837,073
94
$2,000,000 - $2,499,999
24
116
$2,204,106
$2,291,875
96
$2,362,333
94
$2,500,000 - $2,999,999 $3,000,000 - $3,999,999
9 8
114 124
$2,718,889 $3,555,625
$2,860,111 $3,635,625
95 98
$2,989,333 $3,673,625
91 97
$4,000,000 - $4,999,999 $5,000,000 - $9,999,999
1 1
71 29
$4,100,000 $5,750,000
$4,000,000 $5,800,000
103 99
$4,000,000 $5,800,000
103 99
580
52
$1,142,354
$1,151,512
100
$1,180,249
98
Price Range
Total Properties Source: MLSPIN, as of 1/23/2015
SERVICE@DWELL360.Com | 617-299-1854
Newton Statistics Condominiums / Townhomes Average Sale Price - Number of Bedrooms - 2014 Range $164,500 - $550,000 $223,000 - $1,300,000 $346,000 - $1,397,000 $559,000 - $1,510,000 $608,000 - $1,610,000
1 Bed 2 Bed 3 Bed 4 Bed 5-6 Bed
Number of Listing Sold 39 136 87 51 15
Days on the Market 41 40 41 38 57
$ $ $ $ $
Average Sale Price 327,737 516,343 690,707 993,190 1,121,493
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Number of Listing Sold 337 278 290 259 240 262 248 317 366 328
% Change -5.441% 2.638% -7.104% -5.999% -1.453% 1.188% 9.046% 9.126% 14.578%
Days on the Market 76 106 132 96 102 126 107 94 48 41
$ $ $ $ $ $ $ $ $ $
Average Sale Price 557,145 526,829 540,727 502,313 472,181 465,320 470,848 513,443 560,302 641,985 $641,985
$557,145
2005
$526,829 $540,727 $502,313
2006
2007
Source: MLSPIN, as of 1/23/2015
2008
$472,181 $465,320 $470,848
2009
2010
2011
$513,443
2012
$560,302
2013
2014
Market statistics
Total Sold - Newton, MA Condominiums / Townhomes, 1/1/2014 - 12/31/2014 # 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
1
62
$164,500
$169,000
97
$169,000
97
$200,000 - $249,999
6
62
$236,958
$242,858
98
$240,375
99
$250,000 - $299,999
11
44
$275,318
$279,700
98
$288,155
96
$300,000 - $349,999
23
47
$321,788
$327,739
98
$331,543
97
$350,000 - $399,999
31
52
$374,365
$381,977
98
$387,884
97
$400,000 - $449,999 $450,000 - $499,999
31 24
38 49
$422,103 $471,235
$420,252 $466,679
101 101
$424,058 $474,017
100 100
$500,000 - $599,999
54
36
$550,013
$554,489
99
$559,305
99
$600,000 - $699,999
34
32
$639,745
$637,950
101
$636,612
101
$700,000 - $799,999
32
27
$748,006
$738,586
101
$746,683
101
$800,000 - $899,999
22
36
$833,464
$821,132
102
$788,268
712
$900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999
14 42 3
39 49 57
$949,286 $1,212,396 $1,540,000
$949,000 $1,232,143 $1,546,667
101 98 100
$963,993 $1,240,810 $1,579,667
100 98 98
328
41
$641,985
$644,264
100
$647,515
140
Price Range
Total Properties Source: MLSPIN, as of 1/23/2015
SERVICE@DWELL360.Com | 617-299-1854
Newton Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2014 Range $520,000 - $1,549,000 $900,000 - $1,150,000 $688,000 - $2,000,000
2 Units 3 Units 4 Units
Number of Listing Sold 67 2 2
Days on the Market 48 61 43
Average Sale Price $ 805,877 $ 1,025,000 $ 1,344,000
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -11.433% 7.331% -13.227% -0.978% -5.257% 2.527% 11.611% 10.561% 12.946%
Number of Listing Sold 65 59 56 36 43 60 55 65 68 71
Days on the Market 44 77 75 84 76 98 101 75 51 48
Average Sale Price $ 748,060 $ 662,532 $ 711,105 $ 617,049 $ 611,012 $ 578,889 $ 593,518 $ 662,432 $ 732,392 $ 827,208 $827,208
$748,060 $662,532
2005
2006
$732,392
$711,105 $617,049 $611,012
2007
Source: MLSPIN, as of 1/23/2015
2008
2009
$662,432 $578,889 $593,518
2010
2011
2012
2013
2014
Market statistics
Total Sold - Newton, MA Multifamily Homes, 1/1/2014 - 12/31/2014 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$500,000 - $599,999
11
57
$560,591
$563,327
100
$573,673
99
$600,000 - $699,999
9
37
$650,889
$670,656
97
$679,000
96
$700,000 - $799,999
21
48
$754,198
$753,786
100
$761,405
99
$800,000 - $899,999
13
28
$842,750
$836,754
101
$840,600
101
$900,000 - $999,999 $1,000,000 - $1,499,999
6 9
40 90
$934,167 $1,195,486
$958,500 $1,207,278
98 100
$982,666 $1,232,722
95 98
$1,500,000 - $1,999,999 $2,000,000 - $2,499,999
1 1
13 23
$1,549,000 $2,000,000
$1,549,000 $2,000,000
100 100
$1,549,000 $2,000,000
100 100
71
48
$827,208
$832,469
100
$843,355
99
Price Range
Total Properties Source: MLSPIN, as of 1/23/2015
SERVICE@DWELL360.Com | 617-299-1854
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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