Newburyport, MA

Newburyport Massachusetts Real Estate - Homes Sold Activity - 2009

The Newburyport MA real estate and homes sold activity shows that there were 124 single family homes transacted in 2009 with an average sales price of $437,231 and an average days on market (DOM) of 117. The highest selling price of a home was $1,575,000. Visit the Virtual Homes Blog for a MA statewide report.

Additional resources to evaluate the Newburyport real estate market include:

Newburyport MA Real Estate - Community, relocation and school information with town demographics.

Newburyport MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales.

Newburyport MA MLS Search - View all listings in the statewide MLS.

Newburyport MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions.

Visit NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information, go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures, visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.

The Newburyport MA real estate and homes sold report is based on activity reported from the MLSPin MA MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Amesbury has been hard hit by the economic downturn. 14 properties were sold by banks or in short sales in 2009, as follows:

Sold Price Assessed Value

Single Family $255,000 $360,000

$310,000 $275,000

$470,000 $532,000

Condominium $37,000 $85,000

$59,000 $163,000

$63,000 $86,000

$98,000 $212,000

$135,000 $169,000

$150,000 $177,000

$155,000 $210,000

$183,000 $250,000

Multi-family $165,000 $261,000

$184,000 $207,000

$220,000 $341,000

Assessed values in Amesbury are often substantially higher than market value, and Amesbury has the 5th highest tax rate in the State. Future planned growth in Amesbury may bring tax rates down, making Amesbury prices a current bargain.

To research current listings in Amesbury, log in to the link below. For bank owned properties and short sales, use the keywords "as is, short sale, bank owned, third party".

In 2009 there were a total of 4 sales of bank owned or short sale properties.

Single Family: Assessed $416,000, sold $269,000

Single Family: Assessed $540,000, sold $435,000

Condo: Assessed $318,000, sold $229,000

Condo: Assessed $279,000, sold $305,000

Newburyport is a strong market with few opportunities of this sort.

To find Newburyport short sales and bank owned properties, log in to the link below and use key words "short sale, third party, as is, bank owned".

Newburyport Nightlife

I love this city. I lived in Europe for 18 years, and when I came back to live in New England, I briefly lived in my home town of Winchester before discovering Newburyport in 1999. Newburyport has all of the great qualities of a small American seaport, combined with the walkability and atmosphere of some of the European cities I have lived in. I have lived here ever since.

OK, I like good food, and Newburyport has plenty of it. There are some great restaurants in town - I think Ten Center St. is handsdown the best. It has a cozy, pub-like atmosphere in it's downstairs wine bar and an imaginative cuisine. I hear complaints about the service but have never had a bad experience there myself. The waterfront location of The Black Cow is its claim to fame; my personal feeling is that the food is mediocre, but that is not agreed to by all. Another famous waterfront location is Michael's Harborside, until recently great food, but now slipping into mediocracy also. Glenn's Bar and Grill, a great place with great food, but on a busy night it can take some time to be served. Joseph's Winter Street Cafe has great atmosphere and Chef J.P. has turned the place around from the hit-or-miss experience it used to be.

Great night life too, and it's not Boston, which is fine with me. The Thirsty Whale is a real local hangout, very popular with a very talkative crowd in the weekends. The Grog is the "nightclub", very good live music Thursday, Friday and Saturday nights for a mostly younger crowd, with a blues band paying Sundays starting early in the evening for a great night of endless dancing, heavily populated by an older crowd and plenty of singles.

There a plenty of other good restaurants, clubs and bars that keep Newburyport alive all year long. I'll talk about more of them in future blog postings.

Newburyport has an exciting future ahead of it, no question. There is a substantial amount of real estate on the waterfront that is slated for development, changing it from stagnant boatyards to a thriving part of the City. Hopefully it will continue to evolve into one of the most tastefully restored seaports in New England.

Follow this link to read about the visions that City Leaders have for the next ten years: http://www.newburyportnews.com/punews/local_story_005233420.html

Real Estate values have not suffered in Newburyport during the economic downtown. It remains a growing economic powerhouse and destination city and we can expect values to remain strong as the City moves toward future.

You can check out available properties in the MLS through my account at http://www.mlspulse.com/UserRegistration?agt=jwells&pCode=www.mlspulse.com