Newtonville, MA

Newtonville is a small town located in the Boston metropolitan area. The population of Newtonville was 10,859 as of the 2010 census. The median household income in Newtonville was $101,548 in 2009, which is above the national median household income of $57,617. The cost of living index for Newtonville was 100 in 2009, which is below the national cost of living index of 100.

The real estate market in Newtonville has been strong over the past few years. In 2007 there were only 2 sales recorded and by 2009 that number had increased to 16 sales. This trend continued into 2010 with 20 sales being recorded. There are several reasons why this real estate market has been so strong in Newtonville. First and foremost, there is a high demand for housing within the town due to its close proximity to major cities like Boston and Cambridge as well as its excellent schools and infrastructure. Additionally, many people who live in Newtonville commute to work in one of these larger cities so they are looking for an affordable option that still offers great amenities like good schools and a safe community. Finally, many people who live in Newtonville are wealthy enough that they do not need or want to buy a large house or lot but instead prefer smaller homes or apartments that fit their needs perfectly.

One downside to the strong real estate market in Newtonville is that it can be difficult for first time home buyers to find properties that fit their budget and preferences. Many homes that are available for sale have already been sold or are out of reach financially for most people new to the market. Additionally, some homeowners who have owned their homes for several years may decide to sell due to rising prices or other changes within their community such as new development projects nearby. Despite these limitations, overall the real estate market continues to be very strong in Newtonville and should continue doing so over the next few years