With the first two months of 2025 in the books, we’ve crunched the numbers on closed sales in Newburyport, MA, for January and February of 2024 and 2025. Drawing from sold transactions as of March 2, 2025, here’s what the data tells us about prices, sales activity, and time on market—key market factors for buyers and sellers to consider in this coastal gem.
Median Sale Prices: A Shift from 2024 to 2025
In Jan-Feb 2024, Newburyport posted a citywide median sale price of $945,000 across 28 closed sales. This strong showing reflected a mix of 17 single-family homes, 9 condos, and one multi-family property, with prices ranging from $150,000 to $2,500,000. Fast forward to Jan-Feb 2025, and the median dropped to $849,900, a 10% decline in average sale price, with over 39 closings. This year’s sales included 16 single-family homes, 22 condos, and one multi-family unit, spanning $287,000 to $1,925,000.
The dip suggests a more “normal” softening in winter values, potentially tied to a higher share of condo sales in 2025. Sellers may need to adjust expectations, while buyers could find more accessible entry points this season.
Sales Volume: Growth in Activity
Citywide sales in Newburyport homes climbed from 28 in Jan-Feb 2024 to 39 in Jan-Feb 2025—a 39% increase. The uptick was driven by a surge in condo closings (from 9 to 22), while single-family sales held steady (17 to 16). This shift highlights Newburyport’s appeal across property types, even in the quieter winter months.
For sellers, the broader pool of transactions signals sustained interest. Buyers benefit from more options, particularly in the condo market, which nearly doubled in activity.
Days on Market: A Slower Pace in 2025
Time on market stretched this winter. In Jan-Feb 2024, homes sold in an average of 31.5 days, reflecting brisk demand. By Jan-Feb 2025, the average rose to 44.4 days—a 41% increase—as seasonal factors and market conditions slowed the pace. The range of days on market widened too, from as quick as 7 days to as long as 183 days in 2025.
Sellers should plan for a longer wait this winter, while buyers may gain breathing room to evaluate properties.
What It Means for You
- Sellers: The 2025 median of $849,900, down from $945,000 in 2024, suggests pricing strategically to stand out in a market will be particularly important, considering longer (averaging 44 days) time on market to sale. A seasoned, hyper-local real estate partner, with a command of price, product & promotion—will still drive optimal exposure and draw maximum buyer prospects.
- Buyers: With 39 closings at a $849,900 median, 2025 offers more choice than 2024’s 28 at $945,000. Condo seekers, in particular, have a wider field—act decisively on the best fits.
Spring’s Coming—What’s Next?
As spring approaches, expect listings to rise and sales to accelerate, capitalizing on Newburyport’s enduring draw—its waterfront, lifestyle and vibrant community. This winter data sets a baseline for navigating the market in 2025.
Work With a Trusted Newburyport Real Estate Expert
Selling or finding the right home can be overwhelming, but you don’t have to do it alone. Rick & Cristine Zaniboni of Zaniboni Luxury Group have extensive knowledge of the Newburyport market and can help you sell for optimal ROI and find the perfect home that fits your lifestyle and needs. Ready to market your home or explore the best neighborhoods in Newburyport? Visit Newburyport.Homes today to start your home journey with Rick & Cristine Zaniboni!
