Newton's real estate market is currently hot with low inventory and high demand. Home prices have increased 73.7% in the past month alone. At the current pace, all available homes in Newton would sell out in just 0.8 months, indicating a continued supply shortage. Properties are selling within just 43 days on average, much faster than the historical norm of 229 days. A significant 66.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Newton market with the affordability index at 1314.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.