Newton Luxury Real Estate Today. The spring market is upon us right now. Here is an MLSPIN update for the Greater Boston Area. It covers today and the last 30 days. These first numbers are for all Luxury Properties above the MLS minimum of $880,000. We also know that Newton Luxury listing price begins at 2,100,000. 114 Shornecliffe Rd MLS #71746470 has an open House Sunday March 8th from 1-3PM. 14 Rooms, 5 Bedrooms, 4.5 Bath, 3 car garage, Classical Revival Architecture for an incredible $379 per Sq FT. What is most incredible about this is that it is one of the few properties in it's competitive price range that is on the market below it's assessed value. These two economic factors coupled with the renovation and upgrades and amenities of the house the Buyer of this gracious and elegant home will achieve a great buy.
Single Family Active Listings: 62 Avg. Liv.Area SqFt: 5,000.76 Avg. List$: $2,130,448 Avg. List$/SqFt: $429 Avg. DOM: 150.61
Single Family Under Agreement Listings: 16 Avg. Liv.Area SqFt: 3,102.63 Avg. List$: $1,307,063 Avg. List$/SqFt: $429 Avg. DOM: 56.19 Avg. DTO: 43.63
Single Family Sold Listings: 18 Avg. Liv.Area SqFt: 4,664.44 Avg. List$: $1,937,383 Avg. List$/SqFt: $436 Avg. DOM: 81.78 Avg. DTO: 71.44 Avg. Sale$: $1,845,194 Avg. Sale$/SqFt: $421
So 62 Active listings and 18 Sales in the last 3o days suggests less than 3.8 months of inventory. In the more expensive houses it takes longer and there is more inventory. These statistics taken together determine where it is a Buyer's or a Seller Market. For specific and accurate information about your house connect with us.
These figures are zeroing in on the 2,400.000 to 2.750,000
Single Family Active Listings: 9 Avg. Liv.Area SqFt: 5,841.11 Avg. List$: $2,555,889 Avg. List$/SqFt: $456 Avg. DOM: 150.22
Single Family Under Agreement Listings: 1 Avg. Liv.Area SqFt: 6,006.00 Avg. List$: $2,650,000 Avg. List$/SqFt: $441 Avg. DOM: 15.00 Avg. DTO: 15.00
Single Family Sold Listings: 1 Avg. Liv.Area SqFt: 9,165.00 Avg. List$: $2,995,000 Avg. List$/SqFt: $327 Avg. DOM: 310.00 Avg. DTO: 310.00 Avg. Sale$: $2,560,000 Avg. Sale$/SqFt: $279
In the area where 114 Shornecliffe road competes, there are only 11 listings. The UAG and the Sold are at the opposite ends of the DOM and therefore we can't really make any judgements about just this months numbers. If you are interested in finding out about your neighborhood and your home engage with us for a no obligation consultation. Newton Luxury Real Estate Today