Is Braintree, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braintree is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Braintree has remained a Seller's Market.

Key Takeaway

Braintree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Braintree, MA cost?

Median Sold Price

$616,250

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$45,216(+7.9%)

Key Takeaway

Homes in Braintree have sold for 7.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $325K$330K
+1.5%
2 $403K$450K
+11.7%
3 $569.9K$629K
+10.4%
4 $720K$766K
+6.4%
5+ $765K$855K
+11.8%

Median Sold Price Compared To Nearby Cities

Randolph
+11.0%
Braintree
+7.9%
Braintree Town
+7.6%
Quincy
+6.9%
Weymouth
+6.3%

How many homes are available in Braintree, MA?

Number of Homes For Sale

Nov 2022Dec 2022%
6748-28.4%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 159
-40.0%
3 2825
-10.7%
4 179
-47.1%
5+ 75
-28.6%

Number of Homes Sold

Nov 2022Dec 2022%
2017-15.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braintree, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
28 Days27 Days-5.2%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Braintree are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Braintree, MA

There are 48 homes are for sale in Braintree, MA real estate market. In December 2022 in Braintree, MA there were 28.4% less homes for sale than in November 2022. In December 2022, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $616,250. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 1.5% more expensive, prices of 2 bedrooms properties increased by 11.7%, 3 bedrooms properties prices increased by 10.4%, prices of 4 bedrooms properties went up by 6.4%, 5 bedrooms properties prices increased by 11.8%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 40%, volume of 3 bedrooms homes went down by 10.7%, 4 bedrooms homes became 47.1% less available, 5 bedrooms homes inventory decreased by 28.6%. While more than 6 listings in Braintree, MA in December 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below.

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