Charles River Properties LLC

Newton (Ma), MA

Condos/Townhomes

Massachusetts Broker License Number 9043



Newton (Ma), MA

Mon Jun 21 2021
This week the median list price for Newton (Ma), MA is $945,000 with the market action index hovering around 66. This is less than last month's market action index of 71. Inventory has increased to 15. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Newton (Ma), MA

Mon Jun 21 2021
This week the median list price for Newton (Ma), MA is $945,000 with the market action index hovering around 66. This is less than last month's market action index of 71. Inventory has increased to 15. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Newton (Ma) market.
Median List Price $945,000
Median Price of New Listings $0
Per Square Foot $504
Average Days on Market 25
Median Days on Market 21
Price Decreased 20%
Price Increased 7%
Relisted 7%
Inventory 15
Median Rent $2,700
Market Action 66
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$1,349,000 3,033 6,500 - 8,000 sqft 4 3 0 0 0 49
$1,024,499 2,092 6,500 - 8,000 sqft 3 2 55 0 1 28
$844,499 1,799 0.5 - 1 acre 2 2 77 0 0 10
$504,500 952 0.5 - 1 acre 2 1 71 0 0 21