Is Bridgewater, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bridgewater has remained a Seller's Market.
Key Takeaway
Bridgewater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgewater, MA
How much do homes in Bridgewater, MA cost?
Median Sold Price
$566,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bridgewater have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Bridgewater was $566,000 in May 2024, up 1.2% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $234K | +8.8% |
| 2 Bedrooms | $306.5K | $347K | +13.2% |
| 3 Bedrooms | $559.2K | $570K | +1.9% |
| 4 Bedrooms | $675K | $670K | -0.7% |
| 5+ Bedrooms | $671.5K | $660K | -1.7% |
Summary: Bridgewater housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
| West Bridgewater | $487.5K | $536.7K | +10.1% |
| East Bridgewater | $462.5K | $505K | +9.2% |
| Halifax | $449.9K | $485K | +7.8% |
| Middleborough | $486K | $522.4K | +7.5% |
| Bridgewater | $559.2K | $566K | +1.2% |
Housing Supply in Bridgewater, MA
How many homes are available in Bridgewater, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 81 | +30.6% |
Summary: The Bridgewater real estate market had 81 homes for sale in May 2024, a 30.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 30 | 36 | +20.0% |
| 4 Bedrooms | 15 | 26 | +73.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Bridgewater housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 73.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 25 | +127.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgewater, you could pay more than the asking price. 84% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Bridgewater in May 2024, up by 127.3% month-over-month. Of the 25 sold homes, 12% were sold under asking, 4% were sold at asking, and 84% were sold over asking.
Days on Market for Bridgewater, MA
How long does it take to sell a home in Bridgewater, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 21 Days | -25.4% |
Summary: Homes in Bridgewater had an average of 21 days on market in May 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgewater are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in Bridgewater; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
