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Our Newton, 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 Newton 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 Newton, 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.
Newton MA Community Profile & History
Newton, Massachusetts is known as the Garden City. It lies within the Boston Basin, a tiny structure of the Appalachian Mountain Range. The city is bounded on three sides by the Charles River and is a diverse community comprised of 14 villages, each with a unique character: Auburndale, Chestnut Hill, Four Corners, Newton Centre, Newton Highlands, Lower Falls, Upper Falls, Newtonville, Nonantum, Oak Hill, Thompsonville and Waban.
Originally settled as part of "Newetowne" - now Cambridge - in 1630, the community was first incorporated as a separate town in 1688, and as a city in 1873. The considerable water power of the Upper and Lower Falls provided ample opportunity for the construction of mills, and by the early 1800s the community boasted a small industrial base. While further industrial development was limited, the city emerged as one of the nation's first commuter suburbs after the arrival of the Boston and Worcester Railroad in 1834. Wealthy merchants and businessmen soon built large homes and estates atop the city's hills, some of which survive today. By the middle decades of the 20th century, the city boasted a considerable economic base of its own, and many residents no longer commute to Boston, instead working within the city or surrounding suburban communities. Major employers include Boston College, located partially within the village of Chestnut Hill; Mount Ida College, a four-year liberal arts school; and Newton-Wellesley Hospital.
Situated at the heart of New England, the city remains a highly desirable place to live and work due to its proximity to Boston, nearness to various highway and public transportation systems, attractive neighborhoods and high property values, well maintained parks, bicycle and fitness trails, golf courses, a public pool and lake. The city boasts myriad arts and cultural organizations and activities, including a Symphony Orchestra, resident theatre groups and an Arts in the Parks Program. Popular historic and recreational sites include Crystal Lake, which features a town beach and two small parks; the Jackson Homestead, a stop on the Underground Railroad now housing a museum; Echo Bridge, a 19th century masonry arch bridge with views of the Charles River and Hemlock Gorge; Heartbreak Hill, a particularly challenging stretch of the Boston Marathon, which passes through the city each April; and several private golf courses, including Woodland Country Club, Charles River Country Club, and Brae Burn Country Club. The community has been designated 1 of 3 cities nationwide to participate in a pilot tree bank, planting 6,800 seedlings. In 1993, it was one of just 5 cities of over 50,000 to receive the U.S. conference of Mayors' Livability Award.
Newton, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Newton Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 115 578 $921308 $335500 $750000 $13301027 |
2007 99 617 $936321 $281000 $777000 $3570000 |
2008 75 499 $904638 $275000 $755000 $3575000 |
2009 78 511 $842061 $180000 $710000 $3475000 |
Average Selling Price of Single Family Homes in Newton
| 2006 |  $921308 | |
| 2007 | $936321 | |
| 2008 | $904638 | |
| 2009 | $842061 |
Newton Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 106 278 $526829 $163000 $475000 $1900000 |
2007 133 293 $543484 $199000 $455000 $1790000 |
2008 96 259 $502313 $156000 $438998 $1517500 |
2009 102 240 $472181 $97000 $423750 $1329000 |
Average Selling Price of Condominiums in Newton
| 2006 | $526829 | |
| 2007 | $543484 | |
| 2008 | $502313 | |
| 2009 | $472181 |
Regional Market Reports
MA Real Estate Market Report – First Quarter 2010
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