MA. Top Rraltor

Bi-Monthly Newton, MA. Real Estate Recap


Bi-Monthly Newton, MA. Real Estate Recap  Newton, MA.  Top Brokers, Sotheby’s Newton, MA.

Posted October 24, 2014 by Margaret Szerlip Newton, MA.

 

The fall market is very busy here in Newton — the reason I have not been posting as often as I’d like.  Current inventory is still below normal.  We have a total of 167 properties for sale vs. 175 3 weeks ago and down from a “normal” 200 homes.  83 homes have gone under contract or have accepted offers in the last 3 weeks!  The hottest segment of the market is homes priced between 1 million to 1.5 million with 17 homes in contract.  9 homes priced over 2 million have also gone under contract in the same time period.  That is very welcome news that the high-end of the market is starting to heat up.  26 homes have closed, again the 1 million to 1.5 million had the highest number of homes close at 9.

Remember the spring market in Newton starts the end of January early February here in Newton.  So if you’re considering a sale call me for an analysis sooner than later.

On-Market Snapshot
Report Run: 10/24/2014 11:41:22 AM
Property Type(s): SF
Snapshot Date: 10/24/2014
Towns: Newton
 10/24/2014  10/24/2014
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
$400,000 – $449,999
$450,000 – $499,999 1 14 1 14
$500,000 – $599,999 5 34 5 34
$600,000 – $699,999 11 34 11 37
$700,000 – $799,999 9 47 9 47
$800,000 – $899,999 9 66 9 70
$900,000 – $999,999 8 61 8 61
$1,000,000 – $1,499,999 34 67 34 67
$1,500,000 – $1,999,999 26 115 26 116
$2,000,000 – $2,499,999 27 114 27 114
$2,500,000 – $2,999,999 21 116 21 116
$3,000,000 – $3,999,999 10 177 10 177
$4,000,000 – $4,999,999 3 84 3 84
$5,000,000 – $9,999,999 3 184 3 184
Over $10,000,000
Total Properties 167 Avg. 92 167 Avg. 93
Lowest Price: $474,900
Median Price: $1,599,000
Highest Price: $6,950,000
Average Price: $1,867,799
Total Market Volume: $311,922,470
Lowest Price: $474,900
Median Price: $1,599,000
Highest Price: $6,950,000
Average Price: $1,867,799
Total Market Volume: $311,922,470

 

 

Pending Statistics
Report Run: 10/24/2014 11:39:03 AM
Property Type(s): SF
Start Date: 10/06/2014
End Date: 10/24/2014
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
$400,000 – $449,999
$450,000 – $499,999 3 2 1
$500,000 – $599,999 7 2 3 1 1
$600,000 – $699,999 6 4 1 1
$700,000 – $799,999 4 2 2
$800,000 – $899,999 7 5 2
$900,000 – $999,999 3 2 1
$1,000,000 – $1,499,999 10 7 2 1
$1,500,000 – $1,999,999 5 5
$2,000,000 – $2,499,999 3 2 1
$2,500,000 – $2,999,999 1 1
$3,000,000 – $3,999,999 1 1
$4,000,000 – $4,999,999
$5,000,000 – $9,999,999
Over $10,000,000
Total Properties 50 33 13 1 3
Lowest Price: $465,000 Median Price: $889,000
Highest Price: $3,795,000 Average Price: $1,127,973
Total Market Volume: $56,398,698

 

Total Sold Market Statistics
Report Run: 10/24/2014 11:42:37 AM
Property Type(s): SF
Status: SLD
Start Date: 10/06/2014
End Date: 10/24/2014
Towns: Newton
Price Range # of
Listings
Avg. Days
on Market
Average
Sale Price
Average
List Price
SP:LP
Ratio
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 4 26 $538,400 $533,725 101 $539,725 100
$600,000 – $699,999 2 30 $651,000 $662,000 98 $675,000 97
$700,000 – $799,999 4 51 $739,750 $746,500 99 $746,500 99
$800,000 – $899,999 3 16 $844,500 $786,667 107 $786,667 107
$900,000 – $999,999 2 51 $937,500 $954,950 98 $949,450 99
$1,000,000 – $1,499,999 9 46 $1,111,978 $1,086,889 103 $1,119,222 100
$1,500,000 – $1,999,999 2 60 $1,737,500 $1,812,500 96 $1,812,500 96
$2,000,000 – $2,499,999 0 0 $0 $0 0 $0 0
$2,500,000 – $2,999,999 0 0 $0 $0 0 $0 0
$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 26 Avg. 41 $934,842 $927,762 101 $940,454 100
Lowest Price: $519,000 Median Price: $888,500
Highest Price: $1,800,000 Average Price: $934,842
Total Market Volume: $24,305,900

2014 Design Trends


ON THE HOME FRONT
2014 house design trends
2014 house design trends
As anyone who’s ever carpeted her bathroom knows, interior design trends can be fickle. (Carpet? What were you thinking?)That’s why we try to stay up on what’s cool in the home-decor world without, you know, being a slave to what’s cool in the home-decor world.To that end, we present–without judgment–the top 10 trends for home construction in 2014. From smart home systems to tempered-glass backsplashes to secret “dirty” kitchens, these are the add-ons, amenities and materials that today’s home buyers are requesting.

Check out our list to see which trends you like–and which you think are headed to the land of avocado-green appliances.