NEWTON, MA : MARKET DATA THROUGH APRIL

April Headlines

Newton
  • 3-month median price is up 26.8% to $1,191,568.
  • Months of supply in April was 3.8. This is up 22.5% from 3.1 in April of 2014.
  • Year-to-Date new listings are down by 12.6%.
Nearby Areas You May Be Interested In
  • Days on market in Needham is up 276.9% to 98.
  • Months of supply in Winchester in April was 4.4. This is up 109.1% from 2.1 in April of 2014.
  • Inventory in Winchester is up by 71.8%
Changes Favoring Buyers
3 Months Ending April, 2015 % Chg From Apr, 2014
Unit Sales 82 -10.9%
Months of Supply 2.8 8.2%
Market Time (Days) 84 33.3%
Sales to List Price Ratio 98.0% -0.5%
Listings Under Contract 133 -20.4%
 Changes Favoring Sellers
3 Months Ending April, 2015 % Chg From Apr, 2014
Median Sale Price $1,191,568 26.8%
Inventory 134 -2.2%
Price per Sq Ft for Sold $400 7.7%
New Listings 246 -12.1%

Sales

There were 27 unit sales in April. This is down 27.0% from 37 in April of 2014. This is the lowest unit sales have been since 22 in February, 2014. Sales/list price ratio in April moved down to 98.6% from 99.1% in March.

chart

Prices

Median price in April was $1,200,000. This is up 12.9% from $1,062,500 in April of 2014. 3-month median price of $1,191,568 in April was very slightly up from $1,145,000 in March and up somewhat from $940,000 in April of 2014. Price per square foot in April was $402. This is up from $394 in March and up from $375 in April of 2014.

chart

Inventory

Inventory of 184 in April was up 48.4% from 124 in March and up 9.5% from 168 in April of 2014. New listings of 128 in April were up substantially from 90 in March and very slightly up from 122 in April of 2014. Months of supply of 3.8 in April was way up from 2.5 in March and up moderately from 3.1 in April of 2014. This is the highest months of supply has been since October, 2014.

chart

Market Time

Days on market of 94 in April was up a little from 81 in March and way up from 62 in April of 2014. This is the highest days on market has been since February, 2013.

chart

Change in Median Sale Price for Single Family Properties YTD From 2014 To 2015 for Towns in Middlesex County Ranked by Best Performance
Town % Change
Cambridge 38.46%
Newton 24.92%
Stoneham 21.81%
Lowell 14.80%
Malden 14.72%
Hopkinton 13.40%
Wilmington 13.33%
Woburn 13.00%
Melrose 12.05%
Billerica 10.71%

Monday March 2: New Listings in Wellesley and Weston

$2,100,000

576 Washington Street, Wellesley, MA 02482

2 Bed

2.5 Bath

1,932SqFt

Belclare. Exclusive condominiums in the heart of Wellesley Square offering a sophisticated, carefree lifestyle without leaving the community you love. Belclare homes are quietly elegant, generously proportioned and beautifully finished. The condom…Read More …..

Listed By Benoit Mizner Simon & Co. – Wellesley – Central St


$2,085,000

82 Sudbury Road, Weston, MA 02493

5 Bed

4.5 Bath

6,766SqFt

Sophisticated Architecture with a Modern Contemporary Style. This home brings together a layout of ultimate functionality in an individual and distinct design. A private driveway leads you to your perfectly sited home on over 2.5 private acres. Cu…Read More …..


$1,900,000

576 Washington Street, Wellesley, MA 02482

2 Bed

2.5 Bath

1,856SqFt

Belclare. Exclusive condominiums in the heart of Wellesley Square offering a sophisticated, carefree lifestyle without leaving the community you love. Belclare homes are quietly elegant, generously proportioned and beautifully finished. The condom…Read More …..

Listed By Benoit Mizner Simon & Co. – Wellesley – Central St


$1,499,000

29 Bristol Rd, Wellesley, MA 02481

5 Bed

3.5 Bath

3,138SqFt

Glistening white colonial shaded by beautiful trees and set on lovely Cliff Estates property boasts spacious rooms and generous proportions. Gracious foyer with turned stair opens to elegant living room with fireplace and dining room with built-i…Read More …..

Listed By Rutledge Properties


$1,299,000

3 Terrace Road, Weston, MA 02493

4 Bed

4.0 Bath

3,443SqFt

Bright and cheerful 4-5 bedroom country colonial located on a cul-de-sac street. This lovely home has had many improvements and has a fantastic floor plan. Kitchen has an adjoining family room with fireplace, charming living room with fireplace, l…Read More …..


$1,249,000

27 Priscilla Circle, Wellesley, MA 02481

5 Bed

3.0 Bath

2,834SqFt

Move right into this chic expanded Colonial on Cul-de-sac. Open floor plan boasts a renovated kitchen with granite & stainless steel appliances open to breakfast room and spacious family room. Formal living room with fireplace and dining room b…Read More …..

Listed By Coldwell Banker Residential Brokerage – Wellesley – Central St.