Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

8 Newburyport, MA Real Estate Market Facts in 2015

Written by Rich Rosa | Mar 16, 2016 12:51:37 PM

The median price of single-family homes and condominiums in Newburyport, Massachusetts increased in 2015, according to data compiled by the Massachusetts Association of Realtors and MLS Property Information Network, Inc. The following are eight real estate market statistics from 2015 Newburyport homebuyers should know. 

1. The median price of a single-family home in Newburyport increased 4.4 percent in 2015 to $537,500 from $515,000 in 2014. 

2. The number of homes sold increased to 196, a 10.1 percent jump from the 178 single-family homes sold in 2014.

3. The most expensive single-family home sold in Newburyport was $2.6 million in 2015.

4. The least expensive single-family home sold in Newburyport in 2015 closed for $205,000.

5. The median condo price in Newburyport increased 13.6 percent to $374,900 from $330,000 in 2014.  

6.  Condominium sales declined 13.5 percent to 141 units sold compared to 163 sold condos in 2014. 

7. Homebuyers paid on average 95.3 percent of the original list price for single-family homes in 2015.

8. On average, homebuyers paid 96.4 percent of the original list price for condominiums.