$3,444 Closing Credit*
$290,000
888 SqFt
2 Beds
•1 Full Bath
#73320317, Tracy Salvi, Listing Office: Keller Williams Realty Evolution
Is Newburyport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Newburyport has remained a Seller's Market.
Key Takeaway
Newburyport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newburyport, MA
How much do homes in Newburyport, MA cost?
Median Sold Price
$847,983
$526/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$72,983(+9.4%)
Key Takeaway
Homes in Newburyport have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Newburyport was $847,983 in November 2024, up 9.4% from last year, and the median price per square foot was $526.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $428K | +9.7% |
| 2 Bedrooms | $625K | $650K | +4.0% |
| 3 Bedrooms | $830K | $972.5K | +17.2% |
| 4 Bedrooms | $1.3M | $1.2M | -5.3% |
| 5+ Bedrooms | $1.0M | $1.7M | +65.9% |
Summary: Newburyport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 65.9%.
Median Sold Price Compared To Nearby Cities
| West Newbury | $740K | $894K | +20.8% |
| Salisbury | $555K | $637.5K | +14.9% |
| Newburyport | $775K | $847.9K | +9.4% |
| Amesbury | $575K | $547K | -4.9% |
| Amesbury Town | $575K | $547K | -4.9% |
Housing Supply in Newburyport, MA
How many homes are available in Newburyport, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 78 | -25.0% |
Summary: The Newburyport real estate market had 78 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 35 | 27 | -22.9% |
| 3 Bedrooms | 31 | 22 | -29.0% |
| 4 Bedrooms | 23 | 17 | -26.1% |
| 5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The Newburyport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes decreased by 29%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 20 | -42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburyport, you may be able to get a good deal. 35% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Newburyport in November 2024, down by 42.9% month-over-month. Of the 20 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% were sold over asking.
Days on Market for Newburyport, MA
How long does it take to sell a home in Newburyport, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 35 Days | +93.6% |
Summary: Homes in Newburyport had an average of 35 days on market in Nov 2024, up by 93.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newburyport are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Newburyport; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
