Newbury Condos
A town of 6600, Newbury, Massachusetts is a historic coastal town and is renowned for its captivating landscapes. Its idyllic surroundings draw in scores of home buyers who are eager to take advantage of the small town life found here. As such, the housing market tends to be competitive with available condos selling quickly for prices that are above average for much of the state.
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Finding and Buying a Home
Condominiums that go up for sale here typically do not stay on the market long. When you want to find and purchase an available condo in this coastal town, you need professional representation that can alert you to new and upcoming listings. Contact us today to retain our services for buying a home in here.
The units that come up on the market come with price tags that are significantly higher than condos for sale elsewhere in Massachusetts. A two-bedroom unit can start out at $500,000 while a three or four-bedroom condo can sell for as much as $800,000 or higher.
For those prices, however, you get a host of amenities like fully furnished kitchens with granite counters and hardwood floors, sunken lighting, a one or two-car garage, and a breakfast nook complete with a wood-burning fireplace. Many of the homes up for sale here also overlook the ocean and offer captivating views of the natural landscape.
Selling a Home
As competitive as the housing market is here, you may be able to sell your home relatively quickly once it hits the market. Still, you need to be sure you get a fair asking price for it. Contact us today for representation in showing and selling your condo to qualified buyers who will close the sale quickly.
Selling your home may not be much of a challenge once you highlight its best features. With its coastal location, this town is a major draw for home buyers who want the luxury of owning a home that overlooks the ocean. If your home has this kind of view, you may want to emphasize it when you list it for sale.
Other amenities found with condos snatched up by buyers in recent months include wall-to-wall carpets, walk-in closets, private patios or decks, and fenced in backyards. By including details of these kinds of amenities and more in your listing, you could attract people who are ready to buy your home and offer a fair price for it.
Most condos stay on the market in this town for an average of 60 to 80 days. However, many units have sold quicker than average. Contact us today for assistance in listing and selling your home in a timely manner.
About the City
Newbury is located in the Northeastern part of the state and is one of the oldest cities in Massachusetts. It also has one of the most expensive housing markets in the state if not the entire U.S. The median home price here is around $480,000 while the average price for rent is $1600 per month. The price for rent is lower than 57 percent of the rents charged elsewhere in the state.
The real estate available in this small town is a mixture of single family homes, condominiums, and apartments. The vacancy rate is 7.2 percent, which is slightly lower than the national average.
Incidentally, the demand for new residential real estate construction has risen in the last few years. The increased demand for new housing could indicate a coming hike in home and rent prices. It could also signal that the population of the town could increase substantially within the next decade.
One hallmark of the real estate landscape here is the presence of historic row houses. The row houses date back to the city's earliest days. In fact, they are so plentiful that the row houses comprise close to 25 percent of all of the homes found in this town.
The housing market in this coastal town offers an eclectic mix of historic and new homes for sale. By allowing us to represent you in either buying or selling your unit, you can get the results you want with the transaction and avoid compromising your budget.
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