Bi-Monthly Newton Real Estate Recap

Sotheby’s Newton, MA. Top Brokers

Newton, MA.  1:30PM EST

Spring has finally arrived and it has brought a few more listings to the market.  Inventory has increased from 92 to 108 homes for sale.  While 20 additional homes are available we are still about 50% of a normal market.  31 homes have gone under agreement in the past 2 week with the 1.5-2 million dollar price range continuing to be the most active.  There is also activity in the very high-end market.  Only 14 homes closed in the past few weeks and that is a direct result of snow bound buyers and sellers during late January and February.


On-Market Snapshot
Report Run: 4/13/2015 1:07:03 PM
Property Type(s): SF
Snapshot Date: 03/31/2015
Towns: Newton
 03/31/2015  4/13/2015
Price Range Number of
Listings
Avg. Days
on Market
vs. today Number of
Listings
Avg. Days
on Market
Under $50,000
$50,000 – $99,999
$100,000 – $149,999
$150,000 – $199,999
$200,000 – $249,999
$250,000 – $299,999
$300,000 – $349,999
$350,000 – $399,999 1 6
$400,000 – $449,999
$450,000 – $499,999 1 6
$500,000 – $599,999 1 209 4 61
$600,000 – $699,999 1 0 1 3
$700,000 – $799,999 2 149 3 9
$800,000 – $899,999 4 63 6 43
$900,000 – $999,999 3 56 6 50
$1,000,000 – $1,499,999 22 32 24 38
$1,500,000 – $1,999,999 23 48 27 42
$2,000,000 – $2,499,999 14 167 14 177
$2,500,000 – $2,999,999 12 128 15 149
$3,000,000 – $3,999,999 8 228 7 131
$4,000,000 – $4,999,999 1 22
$5,000,000 – $9,999,999
Over $10,000,000
Total Properties 92 Avg. 92 108 Avg. 79
Lowest Price: $399,000
Median Price: $1,717,500
Highest Price: $4,500,000
Average Price: $1,906,135
Total Market Volume: $175,364,486
Lowest Price: $450,000
Median Price: $1,662,000
Highest Price: $3,999,900
Average Price: $1,791,334
Total Market Volume: $193,464,086

 

Pending Statistics
Report Run: 4/13/2015 1:09:03 PM
Property Type(s): SF
Start Date: 03/31/2015
End Date: 04/13/2015
Towns: Newton
Went Pending Current Status
Price Range # of
Listings
# UAG # CTG # Sold # Other
Under $50,000
$50,000 – $99,999
$100,000 – $149,999
$150,000 – $199,999
$200,000 – $249,999
$250,000 – $299,999
$300,000 – $349,999
$350,000 – $399,999 1 1
$400,000 – $449,999
$450,000 – $499,999 1 1
$500,000 – $599,999
$600,000 – $699,999 4 2 2
$700,000 – $799,999 1 1
$800,000 – $899,999 4 1 2 1
$900,000 – $999,999 4 2 2
$1,000,000 – $1,499,999 7 1 6
$1,500,000 – $1,999,999 4 3 1
$2,000,000 – $2,499,999 2 2
$2,500,000 – $2,999,999
$3,000,000 – $3,999,999 2 2
$4,000,000 – $4,999,999 1 1
$5,000,000 – $9,999,999
Over $10,000,000
Total Properties 31 15 15 0 1
Lowest Price: $399,000 Median Price: $986,950
Highest Price: $4,500,000 Average Price: $1,429,977
Total Market Volume: $44,329,300

 

Total Sold Market Statistics
Report Run: 4/13/2015 1:10:38 PM
Property Type(s): SF
Status: SLD
Start Date: 03/31/2015
End Date: 04/13/2015
Towns: Newton
Price Range # of
Listings
Avg. Days
on Market
Avg. Days
to Offer
Average
Sale Price
Average
List Price
Average
Orig Price
SP:OP
Ratio
$0 – $49,999 0 0 0 $0 $0 $0 0
$50,000 – $99,999 0 0 0 $0 $0 $0 0
$100,000 – $149,999 0 0 0 $0 $0 $0 0
$150,000 – $199,999 0 0 0 $0 $0 $0 0
$200,000 – $249,999 0 0 0 $0 $0 $0 0
$250,000 – $299,999 0 0 0 $0 $0 $0 0
$300,000 – $349,999 0 0 0 $0 $0 $0 0
$350,000 – $399,999 0 0 0 $0 $0 $0 0
$400,000 – $449,999 0 0 0 $0 $0 $0 0
$450,000 – $499,999 0 0 0 $0 $0 $0 0
$500,000 – $599,999 1 65 65 $560,000 $634,900 $634,900 88
$600,000 – $699,999 1 80 3 $655,000 $630,000 $630,000 104
$700,000 – $799,999 1 6 6 $777,600 $729,000 $729,000 107
$800,000 – $899,999 0 0 0 $0 $0 $0 0
$900,000 – $999,999 1 68 68 $950,000 $950,000 $950,000 100
$1,000,000 – $1,499,999 6 61 55 $1,244,689 $1,249,333 $1,291,000 97
$1,500,000 – $1,999,999 1 16 2 $1,940,000 $1,879,000 $1,879,000 103
$2,000,000 – $2,499,999 2 8 6 $2,230,000 $2,050,000 $2,050,000 109
$2,500,000 – $2,999,999 1 142 106 $2,600,000 $2,750,000 $2,850,000 91
$3,000,000 – $3,999,999 0 0 0 $0 $0 $0 0
$4,000,000 – $4,999,999 0 0 0 $0 $0 $0 0
$5,000,000 – $9,999,999 0 0 0 $0 $0 $0 0
$10,000,000 – $99,999,999 0 0 0 $0 $0 $0 0
Total Properties 14 Avg. 54 Avg. 42 $1,386,481 $1,369,207 $1,394,207 99
Lowest Price: $560,000 Median Price: $1,200,000
Highest Price: $2,600,000 Average Price: $1,386,481
Total Market Volume: $19,410,735
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