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Our Newbury, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Newbury as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Newbury, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Newbury MA Community Profile & History
Newbury, Massachusetts is located in the northeastern portion of Essex County. Pawtucket Indians hunted, fished and captured seasonal runs of smelt, alewives, shad, salmon and sea-run trout before settlers appeared. The shellfish were especially plentiful on Plum Island and were appreciated by the 100 people from the Wiltshire and Hampshire sections of England who established the first Colonial settlements.
As the community grew, fishing became an important industry, as did small scale shipbuilding, weaving, tanning and shoemaking. Farmers dealt in cattle and sheep and by 1791 there were 3,000 head of cattle grazing on town lands.
About the same time, the town set a pattern of diversified industry, producing woolen goods made by the first American-made wool carding machines as well as snuff, chaises and slate. Competition from England's woolen mills decreased the emphasis on woolens and led to greater cotton fabric production and the establishment of a cooperage, machine made nail factory and scythe mill.
In the late 18th and early 19th century, industry rivaled agricultural employment in the town. The economy of the town swung back to agriculture and by the end of the 19th century there was a big shift to dairying in Newbury. Newbury hosts a number of New England's most important examples of Colonial architecture, one of which is the Tristram Coffin House, built in 1654.
The Plum Island section of town is a residential area, much loved by its summer and year-round residents.
Newbury Massachusetts Community Information
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Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Newbury, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Newbury Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 158 62 $521294 $175000 $490000 $1200000 |
2007 169 71 $505953 $230000 $460000 $1350000 |
2008 221 57 $549633 $187000 $410000 $2350000 |
2009 195 51 $422219 $170000 $415500 $1200000 |
2010 123 57 $485518 $115000 $423000 $1400000 |
Average Selling Price of Single Family Homes in Newbury
| 2006 |  $521294 | |
| 2007 | $505953 | |
| 2008 | $549633 | |
| 2009 | $422219 | |
| 2010 | $485518 |
Newbury Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 208 15 $600232 $175000 $696998 $881159 |
2007 327 7 $717120 $275000 $752523 $885485 |
2008 624 8 $720509 $528000 $753613 $816027 |
2009 890 4 $574417 $206000 $659436 $772797 |
2010 1473 7 $573354 $480000 $548000 $750000 |
Average Selling Price of Condominiums in Newbury
| 2006 | $600232 | |
| 2007 | $717120 | |
| 2008 | $720509 | |
| 2009 | $574417 | |
| 2010 | $573354 |