$10,000 Closing Credit*
$1,775,000
4,866 SqFt
3 Beds
•3 Full Baths, 1 Partial
#73310159, The Sarkis Team, Listing Office: Douglas Elliman Real Estate - The Sarkis Team
Is Newton Highlands, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Newton Highlands was a Buyer's Market.
Key Takeaway
Newton Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newton Highlands, MA
How much do homes in Newton Highlands, MA cost?
Median Sold Price
$1,700,000
$602/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$390,000(+29.8%)
Key Takeaway
Homes in Newton Highlands have sold for 29.8% more than they did a year ago.
Summary: The median home sold price in Newton Highlands was $1,700,000 in October 2024, up 29.8% from last year, and the median price per square foot was $602.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | - | N/A |
| 2 Bedrooms | $800K | $789K | -1.4% |
| 3 Bedrooms | $1.1M | $1.3M | +12.7% |
| 4 Bedrooms | $1.5M | $1.6M | +5.3% |
| 5+ Bedrooms | $1.8M | $2.4M | +35.6% |
Summary: Newton Highlands housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 35.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Newton Highlands | $1.3M | $1.7M | +29.8% |
| Newton Upper Falls | $985K | $1.1M | +17.9% |
| Thompsonville | $1.6M | $1.8M | +15.4% |
| Newton Centre | $1.9M | $1.9M | +2.9% |
| Oak Hill | $2.2M | $1.8M | -16.5% |
Housing Supply in Newton Highlands, MA
How many homes are available in Newton Highlands, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Summary: The Newton Highlands real estate market had 24 homes for sale in October 2024, a 4.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Newton Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Newton Highlands, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Newton Highlands in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Newton Highlands, MA
How long does it take to sell a home in Newton Highlands, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 17 Days | -40.0% |
Summary: Homes in Newton Highlands had an average of 17 days on market in Oct 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newton Highlands are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Newton Highlands; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
