Newton, MA Market Update for July 2007

Here are the latest real estate market statistics for Newton, MA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 48.7%*

Average	June 2007	July 2007	% Change
Asking Price	$878,603	$928,855	5.7%
Sales Price	$848,263	$900,138	6.1%
% of Asking Price	97%	97%	0.0%
$/SQFT	$346	$355	2.6%
Days on Market	87	78	-10.3%
Total Transactions	131	115	-12.2%

Search for homes in Newton, MA and read a neighborhood overview of the Newton, MA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 394 properties on the market with 192 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.