Is East Weymouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Weymouth has remained a Seller's Market.
Housing Prices in East Weymouth, MA
How much do homes in East Weymouth, MA cost?
Median Sold Price
$560,000
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Weymouth was $560,000 in April 2024, up 25.8% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $307.5K | +18.3% |
2 Bedrooms | $370K | $410K | +10.8% |
3 Bedrooms | $545K | $610K | +11.9% |
4 Bedrooms | $609K | $665K | +9.2% |
5+ Bedrooms | $810K | $722.5K | -10.8% |
Summary: East Weymouth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Cities
East Weymouth | $445K | $560K | +25.8% |
South Weymouth | $528.3K | $582.5K | +10.3% |
Weymouth Town | $519.8K | $560.7K | +7.9% |
Weymouth | $550K | $575K | +4.5% |
North Weymouth | $530K | $512.5K | -3.3% |
Housing Supply in East Weymouth, MA
How many homes are available in East Weymouth, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 40 | +2.6% |
Summary: The East Weymouth real estate market had 40 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 16 | 12 | -25.0% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The East Weymouth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in East Weymouth in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 0% were sold at asking, and 76% were sold over asking.
Days on Market for East Weymouth, MA
How long does it take to sell a home in East Weymouth, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 20 Days | +20.4% |
Summary: Homes in East Weymouth had an average of 20 days on market in Apr 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in East Weymouth; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.