Real Estate Market Update for Newton, MA
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 8% from one year earlier, and down 12% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 1.3-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 6%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 900-thousand dollars. The number of units sold decreased 16% year-over-year, and increased 46% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Newton, MA
Area Information for Newton, MA
  • Population: 86,811
  • Median Age: 40.16 yr
  • Median Commute Time: 23.73 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 4,867/sq mi
  • Population Change Since 2000: 3.67%
  • Closest Airport: Laurence G Hanscom Field
  • Closest College: Hebrew College
  • Closest Jr. College: Ma Bay Community College-wellesley Hills
  • Median Household Income: $110,712
  • Annual Residential Turnover: 18.07%
  • Median Years in Residence: 4.62 yr
  • Median Home Sales Price: $667,500
  • Closest Major Sports Team: Red Sox
  • Change Avg. Household Income Since 2000: 28%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Newton, MA
Median Age: 40.16 Married: 39% Number of Households: 31,711 Households with Children: 10,690
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Newton, MA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Bais Yaakov Of Boston High School 0.2 mi Private 9-12 0 0
      Mason-rice Elementary School 0.4 mi Public K-5 5 4
      Newton Montessori School 0.5 mi Private PRESCHOOL-PRESCHOOL 0 3
      Mount Alvernia High School 0.6 mi Catholic 7-12 0 4
      Newton Country Day School 0.6 mi Catholic 5-12 0 4
      John Ward 0.8 mi Public K-5 0 0
      Cabot Elementary School 0.8 mi Public K-5 5 4
      Newton North High School 0.9 mi Public 9-12 4-5 4
      Mount Alvernia Academy 1.0 mi Catholic PRESCHOOL-6 0 5
      Bowen Elementary School 1.1 mi Public K-5 4-5 4
      Zervas Elementary School 1.3 mi Public K-5 4-5 5
      Jackson School 1.3 mi Catholic K-6 0 5
      Bigelow Middle School 1.4 mi Public 6-8 4-5 4
      Underwood Elementary School 1.4 mi Public K-5 4-5 5
      Walnut Park Montessori 1.4 mi Catholic PRESCHOOL-K 0 0
      The Chestnut Hill School 1.6 mi Private PRESCHOOL-6 0 4
      Newton South High School 1.6 mi Public 9-12 4-5 4
      Lincoln-eliot Elementary School 1.6 mi Public K-5 3-5 4
      Horace Mann Elementary School 1.6 mi Public K-5 5 5
      Newton Early Childhood Center 1.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Countryside Elementary School 1.7 mi Public K-5 4 4
      F A Day Middle School 1.7 mi Public 6-8 4-5 3
      Brimmer & May School 1.7 mi Private PRESCHOOL-12 0 4
      Clearway School 1.8 mi Private 7-12 0 0
      Oak Hill Middle School 1.9 mi Public 6-8 5 0
      Charles E Brown Middle School 2.0 mi Public 6-8 4-5 4
      Peirce Elementary School 2.0 mi Public K-5 4-5 5
      Beaver Country Day School 2.1 mi Private 6-12 0 4
      Fessenden School 2.1 mi Private PRESCHOOL-9 0 5
      Learning Prep School 2.1 mi Private - 0 4
      A E Angier 2.1 mi Public K-5 0 0
      Franklin Elementary School 2.3 mi Public K-5 4 4
      Heath 2.5 mi Public PRESCHOOL-8 4-5 0
      Memorial Spaulding Elementary School 2.5 mi Public K-5 4-5 4
      C C Burr 2.7 mi Public K-5 0 0
      Williams Elementary School 2.9 mi Public K-5 4-5 4
      Edith C Baker 2.9 mi Public PRESCHOOL-8 0 0
      Solomon Schechter Day School Of Greater Boston 3.1 mi Private K-3 0 0
      Bournewood Hospital 3.4 mi Private 5-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Newton, MA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.