Is Sharon, 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, Sharon has remained a Seller's Market.
Key Takeaway
Sharon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sharon, MA
How much do homes in Sharon, MA cost?
Median Sold Price
$765,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sharon have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Sharon was $765,000 in May 2024, up 2.1% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $261.5K | $280K | +7.1% |
| 2 Bedrooms | $642.5K | $600K | -6.6% |
| 3 Bedrooms | $631.7K | $708.7K | +12.2% |
| 4 Bedrooms | $957.5K | $951.2K | -0.7% |
| 5+ Bedrooms | $1.2M | $1.3M | +3.1% |
Summary: Sharon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in Sharon, MA
How many homes are available in Sharon, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 64 | +33.3% |
Summary: The Sharon real estate market had 64 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 18 | 24 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Sharon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sharon, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Sharon in May 2024, up by 81.8% month-over-month. Of the 20 sold homes, 20% were sold under asking, 5% were sold at asking, and 75% were sold over asking.
Days on Market for Sharon, MA
How long does it take to sell a home in Sharon, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 19 Days | 21 Days | +8.5% |
Summary: Homes in Sharon had an average of 21 days on market in May 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sharon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 20 homes were sold in Sharon; 90% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
