Is South Dartmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, South Dartmouth was a Seller's Market.
Key Takeaway
South Dartmouth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Dartmouth, MA
How much do homes in South Dartmouth, MA cost?
Median Sold Price
$650,000
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in South Dartmouth have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in South Dartmouth was $650,000 in May 2024, up 21.5% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $375K | -55.9% |
| 2 Bedrooms | $404.5K | $476K | +17.7% |
| 3 Bedrooms | $515K | $595K | +15.5% |
| 4 Bedrooms | $1.0M | $612.5K | -42.2% |
| 5+ Bedrooms | $1.3M | $1.8M | +36.8% |
Summary: South Dartmouth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 42.2%, and 5+ bedroom homes increased by 36.8%.
Median Sold Price Compared To Nearby Cities
| South Dartmouth | $535K | $650K | +21.5% |
| New Bedford | $376.5K | $423.6K | +12.5% |
| Westport | $600K | $672.5K | +12.1% |
| Dartmouth | $500K | $549.9K | +10.0% |
| North Dartmouth | $486K | $500K | +2.9% |
Housing Supply in South Dartmouth, MA
How many homes are available in South Dartmouth, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Summary: The South Dartmouth real estate market had 30 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The South Dartmouth 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 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Dartmouth, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in South Dartmouth in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Dartmouth, MA
How long does it take to sell a home in South Dartmouth, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 62 Days | 84 Days | +35.2% |
Summary: Homes in South Dartmouth had an average of 84 days on market in May 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Dartmouth are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in South Dartmouth; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
