Newton, MA. Real Estate by Zip Code 2011 vs. 2012

Newton, MA. Real Estate Prices.  Margaret Szerlip, newtonmasshomesfor sale.com, Top Broker Newton, MA.

Newton, MA.  Real Estate by Zip Code

Real Estate is local, very local.  The following is a break down of Newton by zip code, 2011 vs. 2012 thus far.  Please notice the price per square foot it is as important as could be in determining the price of a home.  A seller cannot get caught up in what their neighbor’s house sold for.  This price per square foot is also very indicative of condition.

Zip                  Units                         Average Sale Price               Average Price SQ FT

02458             51                                $954,000                               $310.00

02458             49                                $1086,000                            $330.00

02459             154                              $976,000                               $345.00

02459             135                              $997,000                               $335.00

02460                        25                     $694,000                              $333.00

02460                        3                        $806,000                              $326.00

02461             58                                $756,000                               $331.00

02461             37                                $683,000                              $337.00

02462             16                                $656,000                               $346.00

02462             11                                 $780,000                              $341.00

02464             14                                $534,000                               $286.00

02464             10                                $573,000                               $293.00

02465             88                               $793,000                               $329.00

02465             79                                $1,051,000                            $351.00

02467             24                                $1,262,000                            $380.00

02467             30                               $1,396,000                            $371.00

02468                        31                                $1,559,000                            $366.00

02468                        20                               $1,790,000                            $378.00

I am going to break these numbers down even further.

Chestnut Hill 02467 North of Rte.9

02467             13                                $1,703,000                            $422.00

02467             13                                $1892,000                            $430.00

Chestnut Hill South of Rte.9

02467             10                                $813,000                               $319.00

02467             17                                $1,011,000                            $315.00

It costs roughly $110.00 per square foot more to purchase a house north of Rte. 9 in the same zip code.

Same is true for West Newton, breaking out West Newton Hill

02465             24                                $1,559,000                            $420.00

02465             21                                $1,790,000                            $435.00

02465             73                                $577,000                               $305.00

02465             58                                $691,000                               $330.00

Again, it cost about $110.00 more per square foot to purchase on West Newton Hill.

I will now break down Newton Centre even further.  Newton Centre encompasses a vast area.  It stretches north slightly  beyond  Commonwealth Avenue, east to roughly  Hobart, west to Walnut Street and south, as far as Brookline Avenue. I will separate out the immediate vicinity surround Newton Centre and walkable to the T and shops.

02459             50                                $1,077,000                            $378.00

02459             104                              $918,000                               $334.00

Or roughly $44.00 more per square foot the closer to Newton Centre proper you are.

I would love to discuss this further with anyone who is interested.  617-921-6860

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One comment

  1. Agree, You have a great information about your job, its really interesting article.
    Many news channel reported on the stats and in the story they mentioned that sellers are not willing to budge much…. Thanx for sharing this awesome Information.

    Like

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