Newton Massachusetts Real Estate Market Data - Dwell360

Page 1

Market Report Newton, Massachusetts

Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 12


Newton Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2012 Number of Range Listing Sold 1-2 Bed $215,000 - $655,000 25 3 Bed $250,000 - $2,060,000 225 4 Bed $350,000 - $5,130,000 173 5 Bed $415,000 - $2,990,000 150 6 Bed $566,000 - $4,200,000 51 7+ Bed $925,000 - $3,999,000 9

Days on the Market 46 59 77 75 124 316

Average Sale Price $ 396,234 $ 670,689 $ 918,213 $ 1,227,261 $ 1,807,486 $ 2,130,472

Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

% Change 8.181% 5.988% -2.652% 4.053% -3.384% -2.769% 0.367% 3.011% 6.855%

$872,143 $806,192

2003

2004

Number of Listing Sold 606 644 576 577 617 499 511 518 517 633

$924,369 $899,853 $936,321 $904,638

2005

2006

Source: MLSPIN, as of 01/15/2013

2007

2008

Days on the Market 80 75 75 115 99 75 78 76 87 76

Average Sale Price $ 806,192 $ 872,143 $ 924,369 $ 899,853 $ 936,321 $ 904,638 $ 879,587 $ 882,812 $ 909,395 $ 971,733

$879,587 $882,812 $909,395

2009

2010

2011

$971,733

2012


Market statistics

Total Sold - Newton, MA Single Family Homes, 1/1/2012 - 12/31/2012

# of

Price Range $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999

Total Properties

Avg. Days Average on Listings Market Sale Price

Average

SP:LP

Average

SP:OP

List Price

Ratio

Orig Price

Ratio

2 5 5 12 26 28 86 68 78 72 49 112 49 21

34 29 71 129 76 67 59 62 59 49 62 89 99 139

$227,500 $267,672 $318,000 $375,824 $422,400 $476,164 $545,917 $649,992 $747,911 $848,121 $943,955 $1,227,879 $1,656,656 $2,165,464

$232,000 $292,760 $344,200 $395,967 $440,562 $493,867 $562,474 $669,866 $756,914 $856,082 $964,394 $1,259,321 $1,729,663 $2,268,190

98 92 93 95 97 97 97 97 99 99 98 98 96 96

$266,700 $301,760 $371,000 $410,292 $455,135 $500,621 $579,423 $679,496 $772,636 $863,833 $990,559 $1,294,820 $1,807,808 $2,312,471

86 89 86 92 94 96 95 96 97 99 96 96 93 94

14 4 1 1

176 160 232 560

$2,698,036 $3,704,750 $4,200,000 $5,130,000

$2,864,536 $3,887,005 $4,699,999 $6,995,000

94 95 89 73

$2,943,179 $4,287,005 $4,999,999 $7,995,000

92 89 84 64

633

76

$971,733

$1,005,238

97

$1,035,100

95

Source: MLSPIN, as of 01/15/2013

SERVICE@DWELL360.Com | 617-299-1854


Newton Statistics Condominiums / Townhomes Average Sale Price - Number of Bedrooms - 2012 Number of Range Listing Sold 1 Bed $140,500 - $420,000 47 2 Bed $198,000 - $1,150,000 108 3 Bed $250,000 - $1,345,000 93 4 Bed $260,000 - $1,180,000 57 5+ Bed $492,500 - $950,000 12

Days on the Market 90 115 76 92 65

Average Sale Price $ 265,629 $ 418,362 $ 601,346 $ 700,845 $ 768,375

Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

% Change 11.417% 6.320% -5.441% 2.638% -7.104% -5.999% -1.453% 1.188% 9.046%

Number of Listing Sold 317 381 337 278 290 259 240 262 248 317

Days on the Market 78 85 76 106 132 96 102 126 107 94

Average Sale Price $ 470,327 $ 524,025 $ 557,145 $ 526,829 $ 540,727 $ 502,313 $ 472,181 $ 465,320 $ 470,848 $ 513,443

$557,145 $540,727

$526,829

$524,025

$513,443

$502,313 $472,181

$470,327

2003

2004

2005

2006

Source: MLSPIN, as of 1/15/2013

2007

2008

2009

$465,320$470,848

2010

2011

2012


Market statistics

Total Sold - Newton, MA Condominiums / Townhomes, 1/1/2012 - 12/31/2012

# of

Price Range $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999

Total Properties

Avg. Days Average on Listings Market Sale Price

Average

SP:LP

Average

SP:OP

List Price

Ratio

Orig Price

Ratio

1 7 18 34 24 35 36 29 36 31 18 25 11 12

66 68 68 139 124 136 60 98 58 94 76 97 85 67

$140,500 $188,000 $229,350 $277,503 $325,484 $376,605 $418,073 $481,641 $541,936 $635,010 $747,875 $839,390 $931,591 $1,153,458

$155,000 $202,957 $242,117 $286,259 $337,383 $387,477 $430,071 $496,693 $556,275 $646,499 $777,044 $861,072 $951,618 $1,199,158

91 93 95 97 97 97 97 97 98 98 96 98 98 96

$165,000 $208,929 $253,061 $297,732 $342,304 $404,086 $438,888 $512,490 $566,944 $661,157 $783,994 $881,912 $959,536 $1,219,658

85 90 91 94 95 94 95 94 96 96 96 95 97 95

317

94

$513,443

$528,867

97

$541,269

95

Source: MLSPIN, as of 01/15/2013

SERVICE@DWELL360.Com | 617-299-1854


Newton Statistics Multifamily Homes Average Sale Price - Number of Units in Building- 2012 Number of Range Listing Sold 2 Units $359,800 - $918,000 55 3 Units $440,000 - $1,885,000 7 4 Units $635,000 - $930,000 3

Days on the Market 68 139 57

Average Sale Price $ 622,874 $ 920,714 $ 785,000

Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

% Change 13.913% 8.968% -11.433% 7.331% -13.227% -0.978% -5.257% 2.527% 11.611% $748,060

$686,496

$662,532

Number of Listing Sold 83 78 65 59 56 36 43 60 55 65

2004

2005

2006

Source: MLSPIN, as of 1/15/2013

Average Sale Price $ 602,652 $ 686,496 $ 748,060 $ 662,532 $ 711,105 $ 617,049 $ 611,012 $ 578,889 $ 593,518 $ 662,432

$711,105

$617,049$611,012

$602,652

2003

Days on the Market 47 58 44 77 75 84 76 98 101 75

2007

2008

2009

$662,432 $578,889$593,518

2010

2011

2012


Market statistics

Total Sold - Newton, MA Multifamily Homes, 1/1/2012 - 12/31/2012

# of

Price Range $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999

Total Properties

Avg. Days Average on Listings Market Sale Price

Average

SP:LP

Average

SP:OP

List Price

Ratio

Orig Price

Ratio

3 3 3 19 12 16 5 2 1 1

75 185 47 75 63 73 58 48 91 123

$376,600 $425,000 $466,833 $553,853 $653,241 $727,417 $848,800 $924,000 $1,275,000 $1,885,000

$423,667 $451,500 $499,600 $577,505 $680,225 $737,606 $859,400 $956,500 $1,395,000 $2,000,000

89 94 94 96 96 99 100 97 91 94

$448,633 $451,500 $509,600 $603,810 $695,150 $745,419 $869,400 $956,500 $1,450,000 $2,000,000

84 94 92 93 95 98 100 97 88 94

65

75

$662,432

$687,174

97

$702,771

95

Source: MLSPIN, as of 01/15/2013

SERVICE@DWELL360.Com | 617-299-1854


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www.Dwell360.com Service@Dwell360.com 617-299-1854

You want an agent who cares – We are experienced real estate agents who use professional marketing tools. We have neighborhood insight and are current with local market conditions. We know the inventory, have opinions about each property, are confident negotiators, and care about our clients – because buying and selling a home is a big deal! Dwell360 46 Austin Street Suite 302 Newton, MA 02460


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