2nd Quarter 2016 Newton MA Single Family Market Statistics

Real estate sales statistics can tell you quite a bit about what is going on in a local market. Things may fluctuate monthly, so it is useful to stay current if you are contemplating selling or buying in Newton. The 2nd quarter 2016 Newton MA single family market statistics in this blog will be helpful if you are contemplating purchasing or selling in Newton.

Single Family Property Prices in Newton MA

Selling prices provide an overall idea of what is happening in the market. During 2nd quarter 2016, single family Newton MA homes sold for $1,259,562 on average. During the previous year, that average was $1,393,281. This is a -9.6 % difference. Before that, it was $1,154,042.

2016 $1,259,562
2015 $1,393,281
2014 $1,154,042

Listings Sold in Newton MA

Listing volume is consistent with that of the same time period last year. In Newton MA for the 2nd quarter 2016, the listing volume was 175. This shows a 8.7% difference from the prior year (which was 161). Prior to that, it varied only -0.62% from 162 to 161.

2016 175
2015 161
2014 162

Newton MA 2016 2nd Quarter Average Days On Market

Although prices have dropped slightly and listing volume remained pretty much the same, homes are selling quicker than in the past. The Average days on market in Newton MA for the 2nd quarter decreased -39.06% from 64 to 39. This after it changed 28% from 50 to 64.

2016 39
2015 64
2014 50

 

2nd Quarter 2016 Newton MA Single Family Market Statistics

For additional 2nd quarter 2016 Newton MA single family market statistics or reports for nearby areas, please contact Bill Kuhlman at at Kuhlman Residential The statistics here was obtained from the MA MLS Property Information Network, Inc. It is meant to offer a general overview of the real estate market, is not guaranteed, and might not necessarily account for every single family transferred in Newton.