Newburyport is a great seacoast city with a New England feel. Average prices of single family homes have seen some fluctuation over the years, but remains relatively steady compared to other markets. The Newburyport MA 2nd quarter single family market report can be found below and includes numbers for the previous few years.
Single Family Home Sales for Newburyport MA
2nd Quarter Average Selling Price
The average price in Newburyport MA for the 2nd quarter decreased -0.71% from $462,014 (in 2011) to $458,716 (in 2012). This after it increased 3.04% from $448,378 (in 2010) to $462,014 (in 2011). Before that was a 3.99% change. The recent drop is different from the pattern over the last few years.
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2nd Quarter Lowest Sale Price
The lowest price in Newburyport MA for the 2nd quarter decreased -17.58% from $165,000 (in 2011) to $136,000 (in 2012). This after it decreased -2.94% from $170,000 (in 2010) to $165,000 (in 2011). Before that was a -24.44% change.
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2nd Quarter Median Sale Price
The median price in Newburyport MA for the 2nd quarter increased 6.07% from $420,000 (in 2011) to $445,500 (in 2012). This after it increased 1.14% from $415,250 (in 2010) to $420,000 (in 2011). Prior to that was a 5.13% change.
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2nd Quarter Highest Selling Price
The highest sale price in Newburyport MA for the 2nd quarter decreased -14.71% from $1,067,000 (in 2011) to $910,000 (in 2012). This after it increased 23.35% from $865,000 (in 2010) to $1,067,000 (in 2011). Prior to that was a -17.62% change.
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Newburyport MA 2nd Quarter Single Family Market Report
Home prices are rebounding and inching back towards the highs from 2008. With interest rates still low, it is a great time to buy. For additional Newburyport MA 2nd quarter single family market report or reports for nearby areas, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: These figures were compiled from third party sources including public records and the MLS Property Information Network, Inc. They are meant to provide a general overview of the market, are not guaranteed accurate, and may not include every single family sold in Newburyport.
