Is Newton Highlands, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton Highlands is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Newton Highlands was a Neutral 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

$1,775,000

$593/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$390,000(+28.2%)

Key Takeaway

Homes in Newton Highlands have sold for 28.2% more than they did a year ago.

Summary: The median home sold price in Newton Highlands was $1,775,000 in November 2024, up 28.2% from last year, and the median price per square foot was $593.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $765K$789K
+3.1%
3 $1.1M$1.2M
+3.6%
4 $1.5M$1.6M
+5.7%
5+ $1.8M$2.4M
+34.6%

Summary: Newton Highlands housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 34.6%.

Median Sold Price Compared To Nearby Neighborhoods

Newton Highlands
+28.2%
Newton Upper Falls
+16.4%
Thompsonville
+15.0%
Oak Hill
-13.9%

Housing Supply in Newton Highlands, MA

How many homes are available in Newton Highlands, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2419-20.8%

Summary: The Newton Highlands real estate market had 19 homes for sale in November 2024, a 20.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 21
-50.0%
4 87
-12.5%
5+ 118
-27.3%

Summary: The Newton Highlands housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton Highlands, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Newton Highlands in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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

Nov 2023Nov 2024CHANGE
9 Days23 Days+154.5%

Summary: Homes in Newton Highlands had an average of 23 days on market in Nov 2024, up by 154.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newton Highlands are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Newton Highlands; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Newton Highlands, MA

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