Newton Real Estate Market Data - Dwell360
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Single Family, Condominiums, and Multifamily Homes Year End 2014 Newton, Massachusetts Market Report
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Dwell360 has published this report on the residential real estate market statistics for 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, and 2005 for Newton, Massachusetts. The market statistics include residential sales averages for single family, condominium, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.
Transcript of Newton Real Estate Market Data - Dwell360
Single Family, Condominiums, and Multifamily Homes
Year End 2014
Newton, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1-2 Bed $360,000 - $887,000 15 30 568,020$
3 Bed $445,000 - $1,267,500 194 31 752,363$
4 Bed $425,000 - $2,350,000 187 46 1,070,349$
5 Bed $380,000 - $5,750,000 122 73 1,582,117$
6 Bed $765,000 - $4,100,000 44 113 1,871,681$
7+ Bed $879,000 - $3,820,000 17 80 1,859,415$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 576 75 924,369$
2006 -2.652% 577 115 899,853$
2007 4.053% 617 99 936,321$
2008 -3.384% 499 75 904,638$
2009 -2.769% 511 78 879,587$
2010 0.367% 518 76 882,812$
2011 3.011% 517 87 909,395$
2012 6.855% 633 76 971,733$
2013 11.607% 625 51 1,084,518$
2014 5.333% 580 52 1,142,354$
Source: MLSPIN, as of 1/23/2015
Newton Statistics
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
Single Family Homes
$924,369 $899,853 $936,321 $904,638 $879,587 $882,812 $909,395
$971,733
$1,084,518 $1,142,354
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Single Family Homes, 1/1/2014 - 12/31/2014
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$350,000 - $399,999 2 74 $370,000 $399,450 93 $399,450 93
$400,000 - $449,999 3 52 $423,333 $469,600 91 $499,300 85
$450,000 - $499,999 15 62 $481,540 $488,793 99 $502,860 96
$500,000 - $599,999 44 42 $547,566 $551,943 100 $561,689 98
$600,000 - $699,999 58 40 $653,016 $647,807 101 $658,155 100
$700,000 - $799,999 59 36 $743,654 $735,844 101 $744,286 100
$800,000 - $899,999 62 34 $846,539 $828,553 103 $839,556 101
$900,000 - $999,999 62 25 $943,146 $925,330 102 $936,395 101
$1,000,000 - $1,499,999 153 46 $1,215,827 $1,211,359 101 $1,241,033 99
$1,500,000 - $1,999,999 79 90 $1,706,878 $1,763,978 97 $1,837,073 94
$2,000,000 - $2,499,999 24 116 $2,204,106 $2,291,875 96 $2,362,333 94
$2,500,000 - $2,999,999 9 114 $2,718,889 $2,860,111 95 $2,989,333 91
$3,000,000 - $3,999,999 8 124 $3,555,625 $3,635,625 98 $3,673,625 97
$4,000,000 - $4,999,999 1 71 $4,100,000 $4,000,000 103 $4,000,000 103
$5,000,000 - $9,999,999 1 29 $5,750,000 $5,800,000 99 $5,800,000 99
Total Properties 580 52 $1,142,354 $1,151,512 100 $1,180,249 98
Source: MLSPIN, as of 1/23/2015
Price Range
Total Sold - Newton, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1 Bed $164,500 - $550,000 39 41 327,737$
2 Bed $223,000 - $1,300,000 136 40 516,343$
3 Bed $346,000 - $1,397,000 87 41 690,707$
4 Bed $559,000 - $1,510,000 51 38 993,190$
5-6 Bed $608,000 - $1,610,000 15 57 1,121,493$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 337 76 557,145$
2006 -5.441% 278 106 526,829$
2007 2.638% 290 132 540,727$
2008 -7.104% 259 96 502,313$
2009 -5.999% 240 102 472,181$
2010 -1.453% 262 126 465,320$
2011 1.188% 248 107 470,848$
2012 9.046% 317 94 513,443$
2013 9.126% 366 48 560,302$
2014 14.578% 328 41 641,985$
Source: MLSPIN, as of 1/23/2015
Newton StatisticsCondominiums / Townhomes
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
$557,145 $526,829 $540,727
$502,313 $472,181 $465,320 $470,848
$513,443 $560,302
$641,985
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Condominiums / Townhomes, 1/1/2014 - 12/31/2014
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$150,000 - $199,999 1 62 $164,500 $169,000 97 $169,000 97
$200,000 - $249,999 6 62 $236,958 $242,858 98 $240,375 99
$250,000 - $299,999 11 44 $275,318 $279,700 98 $288,155 96
$300,000 - $349,999 23 47 $321,788 $327,739 98 $331,543 97
$350,000 - $399,999 31 52 $374,365 $381,977 98 $387,884 97
$400,000 - $449,999 31 38 $422,103 $420,252 101 $424,058 100
$450,000 - $499,999 24 49 $471,235 $466,679 101 $474,017 100
$500,000 - $599,999 54 36 $550,013 $554,489 99 $559,305 99
$600,000 - $699,999 34 32 $639,745 $637,950 101 $636,612 101
$700,000 - $799,999 32 27 $748,006 $738,586 101 $746,683 101
$800,000 - $899,999 22 36 $833,464 $821,132 102 $788,268 712
$900,000 - $999,999 14 39 $949,286 $949,000 101 $963,993 100
$1,000,000 - $1,499,999 42 49 $1,212,396 $1,232,143 98 $1,240,810 98
$1,500,000 - $1,999,999 3 57 $1,540,000 $1,546,667 100 $1,579,667 98
Total Properties 328 41 $641,985 $644,264 100 $647,515 140
Source: MLSPIN, as of 1/23/2015
Total Sold - Newton, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $520,000 - $1,549,000 67 48 805,877$
3 Units $900,000 - $1,150,000 2 61 1,025,000$
4 Units $688,000 - $2,000,000 2 43 1,344,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 65 44 748,060$
2006 -11.433% 59 77 662,532$
2007 7.331% 56 75 711,105$
2008 -13.227% 36 84 617,049$
2009 -0.978% 43 76 611,012$
2010 -5.257% 60 98 578,889$
2011 2.527% 55 101 593,518$
2012 11.611% 65 75 662,432$
2013 10.561% 68 51 732,392$
2014 12.946% 71 48 827,208$
Source: MLSPIN, as of 1/23/2015
Newton StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2014
Historical Average Sale Price - Past 10 Years
$748,060
$662,532 $711,105
$617,049 $611,012 $578,889 $593,518
$662,432 $732,392
$827,208
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2014 - 12/31/2014
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$500,000 - $599,999 11 57 $560,591 $563,327 100 $573,673 99
$600,000 - $699,999 9 37 $650,889 $670,656 97 $679,000 96
$700,000 - $799,999 21 48 $754,198 $753,786 100 $761,405 99
$800,000 - $899,999 13 28 $842,750 $836,754 101 $840,600 101
$900,000 - $999,999 6 40 $934,167 $958,500 98 $982,666 95
$1,000,000 - $1,499,999 9 90 $1,195,486 $1,207,278 100 $1,232,722 98
$1,500,000 - $1,999,999 1 13 $1,549,000 $1,549,000 100 $1,549,000 100
$2,000,000 - $2,499,999 1 23 $2,000,000 $2,000,000 100 $2,000,000 100
Total Properties 71 48 $827,208 $832,469 100 $843,355 99
Source: MLSPIN, as of 1/23/2015
Total Sold - Newton, MA
Price Range
www.Dwell360.com [email protected]
617-299-1854
Dwell360 46 Austin Street Suite 302 Newton, MA 02460
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