It's Almost Summer... How's the Real Estate Market?

It's Almost Summer... How's the Real Estate Market?

  • Alissa Christie
  • 06/8/23

 Sales Volume is Significantly Down 

Can you believe that it's almost Summer? The big question we're getting: How is the real estate market doing in Newburyport and where is it headed?

Well, there is no hiding the fact that we have had a very slow start to what is traditionally the busiest time in Real Estate . . . the Spring Market. In fact:

Total Market Volume in Newburyport is down over 25% compared to this time last year.

The total sold market volume for condos and single family homes is around $58,579,900, whereas this time last year the total sold market volume was $73,768,890.*  Similarly, the number of pending sales is also down over 25%.

Are Home Values Down Too?

The good news is that home values for sold homes are up approximately 5% in Newburyport compared to this time last year. This is contrary to many predictions made by housing experts in the fourth quarter last year, that home prices were going to crash in 2023. 

So what's the bad news? First, while home values have increased, the pace of the increase has slowed down significantly compared to the last few years. In 2020, 2021 and 2022 we saw home values appreciate with record breaking growth.  Second, overpriced homes are sitting on the market and price reductions are becoming more common if a home does not sell quickly.

If you a Seller, it's more important than ever to price your home accurately based on the willing and able buyer pool looking for homes. Alissa Christie and the team at Bentley's Real Estate have their finger on the pulse of the market and are in contact with buyers actively looking and can help you to correctly price your home to maximize your sales price. This is the most crucial step in a marketing plan for selling your home in Newburyport.

New Homes for Sale and Coming Soon!

Some other good news is that consumer confidence is on the rise as we see more homes hitting the market.  In fact, there are nearly 40 Open Houses this Weekend! If you are looking for something to do, check them out here!

Open Houses This Weekend

Alissa's Listings and Coming Soon

Among the listings for Sale in Greater Newburyport are several fabulous luxury homes brought to you by Alissa Christie.

41 Moulton St, Newburyport

Alissa's first offering is brand-new construction on a spacious corner lot in Newburyport, listed for $2,499,900. Check out the listing HERE.

Thoughtfully crafted with an open floor plan, this home embodies modern chic in Coastal Newburyport!

510 Merrimac St Unit: 510, Newburyport

Alissa's second luxury listing is a freshly renovated townhome, sitting on half an acre, offered for $1,595,000. Featuring a sun-filled kitchen, oversized deck, and three floors of living space, you'll want to come see the thoughtfully executed details for yourself!  Check out the listing HERE.

Join Alissa at her Open House this Sunday from 11-12:30.


Check out some homes below hitting the market soon with Alissa Christie. In addition, there are more fabulous homes being prepped for sale with Alissa and Bentley's Real Estate, so give Alissa a call if you would like to hear about what's coming soon in the Greater Newburyport area!

6 Prince Place, Newburyport

Coming soon to downtown Newburyport! Enjoy a thoughtfully redesigned, upscale, single-family home with the luxuries of an urban lifestyle right at your doorstep. View additional details HERE.


151  Merrimac St. Newburyport

Hitting the market next week, 151 Merrimac Street is one you will not want to miss! Renovated 2600 square feet of living space for today's lifestyle! You will love a spacious and flexible floor plan, warm wide pine and hardwood floors and a gorgeous Chef's dream kitchen. Three full baths, central AC,  large private fenced yard, great waterviews of the Merrimack River and so much more!  Located in the heart of Newburyport, 1 block to the waterfront, the Rail Trail and all of downtown Newburyport!


211 High St. Unit 2, Newburyport 

Also hitting the market next week, this sweet condo was renovated in 2013 and checks all of the boxes! 3 bedrooms, 2.5 baths and one of the nicest outdoor patios in town!  Contact Alissa for more details! 

In summary, if you are thinking of selling or buying, it may mean the right time is NOW. Reach out to Alissa if you would like to discuss!

*Based on MLS PIN as of June 8 2023


Work With Alissa

I am dedicated to helping you navigate the process as seamlessly as possible doing everything I can to help you buy the right home at the right price, or get top dollar for what is probably your biggest financial investment.

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