Newton Luxury Real Estate Today

By
Real Estate Agent with YourStories Realty Group powered by Castles Unlimited® MA# 9517963

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

Music Room Newton Luxury

Music Room Newton LuxurySo 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

Posted by

Larry Lawfer, Realtor®YourStories Realty, It's all about you,

Larry Lawfer

Partner

Realtor®, Director of Marketing

YourStories Realty Group powered by Castles Unlimited®

837 Beacon St

Newton, MA 02459

larry@yourstoriesrealty.com, 617-774-8292

Comments (0)