The housing market in Newton continues to see strong price appreciation, with values up 10.5% compared to last year. Home prices have increased 25.7% in the past month alone. With 2.4 months of supply, Newton's inventory levels remain relatively tight. Homes are now taking an average of 27 days to sell, significantly longer than the 8 days typical for this market. A significant 36.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 14.3% 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 45.9. Based on current market indicators, home prices in Newton are projected to decrease by approximately 10.3% over the next month.