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.
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
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
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
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.