Charles River Properties LLC

Newton (Ma), MA

Single-Family Homes

Massachusetts Broker License Number 9043



Newton (Ma), MA

Mon Jun 21 2021
This week the median list price for Newton (Ma), MA is $1,137,499 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has increased to 8. Click here to stay informed with the Newton (Ma) market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Newton (Ma), MA

Mon Jun 21 2021
This week the median list price for Newton (Ma), MA is $1,137,499 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has increased to 8. Click here to stay informed with the Newton (Ma) market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Newton (Ma) market.
Median List Price $1,137,499
Median Price of New Listings $0
Per Square Foot $510
Average Days on Market 18
Median Days on Market 11
Price Decreased 0%
Price Increased 13%
Relisted 0%
Inventory 8
Median Rent $5,000
Market Action 79
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,225,000 8,784 1 - 2.5 acres 7 7 62 0 1 7
$1,312,000 2,527 8,000 - 10,000 sqft 4 2 99 0 0 31
$972,499 2,679 6,500 - 8,000 sqft 4 3 77 0 0 14
$669,949 1,327 4,500 - 6,500 sqft 2 1 133 0 0 17