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Dwell360 has published this report on the residential real estate market statistics for 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, and 2004 for Newton Massachusetts. The market statistics include residential sales averages for single family homes, condominiums, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.
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Single Family, Condominiums, and Multifamily Homes
Year End 2013
Newton, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Bed $279,900 - $865,000 25 21 514,596$
3 Bed $226,100 - $1,500,000 198 31 717,951$
4 Bed $360,000 - $2,650,000 199 48 998,442$
5 Bed $632,000 - $3,600,000 138 76 1,476,022$
6 Bed $560,000 - $4,000,000 56 83 1,818,704$
7 Bed $1,089,000 - $6,300,000 9 61 2,064,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2004 644 75 872,143$
2005 5.988% 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$
Source: MLSPIN, as of 1/30/2014
Newton Statistics
Average Sale Price - Number of Bedrooms - 2013
Historical Average Sale Price - Past 10 Years
Single Family Homes
$872,143 $924,369 $899,853 $936,321 $904,638 $879,587 $882,812 $909,395
$971,733
$1,084,518
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Single Family Homes, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$200,000 - $249,999 1 33 $226,100 $250,000 90 $250,000 90
$250,000 - $299,999 2 44 $280,950 $294,950 95 $319,700 89
$300,000 - $349,999 4 144 $339,475 $359,450 95 $365,725 94
$350,000 - $399,999 5 64 $375,000 $393,900 95 $403,700 93
$400,000 - $449,999 9 36 $422,322 $422,300 100 $427,189 99
$450,000 - $499,999 18 43 $470,181 $478,672 98 $486,661 97
$500,000 - $599,999 54 24 $554,586 $554,639 100 $562,789 99
$600,000 - $699,999 70 45 $648,351 $644,895 101 $656,598 99
$700,000 - $799,999 79 28 $742,828 $731,285 102 $738,984 101
$800,000 - $899,999 63 39 $855,175 $830,241 103 $847,160 102
$900,000 - $999,999 50 34 $946,241 $929,564 102 $943,250 101
$1,000,000 - $1,499,999 168 45 $1,231,941 $1,233,212 100 $1,257,941 99
$1,500,000 - $1,999,999 53 98 $1,727,119 $1,762,257 98 $1,823,504 95
$2,000,000 - $2,499,999 34 138 $2,254,968 $2,381,265 95 $2,439,882 93
$2,500,000 - $2,999,999 7 114 $2,754,643 $2,890,286 95 $2,939,714 94
$3,000,000 - $3,999,999 6 93 $3,596,667 $3,739,167 96 $3,780,833 95
$4,000,000 - $4,999,999 1 71 $4,000,000 $4,800,000 83 $5,700,000 70
$5,000,000 - $9,999,999 1 19 $6,300,000 $6,500,000 97 $6,500,000 97
Total Properties 625 51 $1,084,518 $1,094,114 100 $1,117,824 99
Source: MLSPIN, as of 1/30/2014
Price Range
Total Sold - Newton, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1 Bed $186,000 - $465,000 47 45 293,426$
2 Bed $185,000 - $1,299,000 135 49 458,171$
3 Bed $340,000 - $1,490,000 123 43 645,130$
4 Bed $375,000 - $1,525,000 57 63 819,445$
5-6 Bed $569,000 - $1,126,000 4 31 841,750$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2004 381 85 524,025$
2005 6.320% 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$
Source: MLSPIN, as of 2/11/2014
Newton StatisticsCondominiums / Townhomes
Average Sale Price - Number of Bedrooms - 2013
Historical Average Sale Price - Past 10 Years
$524,025 $557,145
$526,829 $540,727 $502,313
$472,181 $465,320 $470,848 $513,443
$560,302
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Condominiums / Townhomes, 1/1/2013 - 12/31/2013
# 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 2 408 $185,500 $181,250 102 $181,250 102
$200,000 - $249,999 13 65 $228,346 $233,892 98 $235,815 97
$250,000 - $299,999 23 53 $277,865 $278,557 100 $286,378 98
$300,000 - $349,999 36 24 $323,144 $326,433 99 $412,072 97
$350,000 - $399,999 34 90 $375,197 $380,059 99 $387,238 97
$400,000 - $449,999 46 47 $424,098 $432,036 98 $435,102 98
$450,000 - $499,999 31 17 $470,519 $470,074 100 $470,090 100
$500,000 - $599,999 51 48 $546,548 $548,706 100 $554,929 99
$600,000 - $699,999 34 33 $647,059 $649,373 100 $656,226 99
$700,000 - $799,999 38 27 $745,775 $741,697 101 $747,703 100
$800,000 - $899,999 21 58 $857,180 $860,318 100 $875,329 98
$900,000 - $999,999 15 52 $954,830 $974,260 98 $997,400 96
$1,000,000 - $1,499,999 21 66 $1,180,667 $1,196,705 99 $1,219,514 97
$1,500,000 - $1,999,999 1 130 $1,525,000 $1,575,000 97 $1,675,000 91
Total Properties 366 48 $560,380 $564,380 99 $579,936 98
Source: MLSPIN, as of 2/11/2014
Total Sold - Newton, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $450,000 - $2,240,000 62 49 718,140$
3 Units $780,000 - $1,100,000 3 118 923,333$
4 Units $629,000 - $1,120,000 3 22 836,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2004 78 58 686,496$
2005 8.968% 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$
Source: MLSPIN, as of 2/11/2014
Newton StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2013
Historical Average Sale Price - Past 10 Years
$686,496 $748,060
$662,532 $711,105
$617,049 $611,012 $578,889 $593,518
$662,432 $732,392
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$450,000 - $499,999 5 103 $469,800 $470,760 100 $480,760 98
$500,000 - $599,999 15 54 $560,960 $563,407 100 $576,630 98
$600,000 - $699,999 18 61 $652,528 $661,400 99 $668,572 98
$700,000 - $799,999 13 41 $753,846 $753,308 100 $759,531 99
$800,000 - $899,999 9 34 $852,117 $872,311 98 $880,744 97
$900,000 - $999,999 3 15 $949,900 $909,000 105 $909,000 105
$1,000,000 - $1,499,999 4 32 $1,183,750 $1,193,250 101 $1,218,750 100
$1,500,000 - $1,999,999 0 0 $0 $0 0 $0 0
$2,000,000 - $2,499,999 1 5 $2,240,000 $2,250,000 100 $2,250,000 100
Total Properties 68 51 $732,392 $736,822 100 $746,179 99
Source: MLSPIN, as of 2/11/2014
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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