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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braintree Town is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Braintree Town, MA cost?

Median Sold Price

$607,125

$369/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$29,625(+5.1%)

Key Takeaway

Homes in Braintree Town have sold for 5.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $325K$330K
+1.5%
2 $407K$459.2K
+12.8%
3 $575K$615K
+7.0%
4 $720K$770K
+6.9%
5+ $760K$865K
+13.8%

Median Sold Price Compared To Nearby Cities

Randolph
+9.7%
Weymouth
+8.9%
Braintree
+5.7%
Weymouth Town
+5.4%
Braintree Town
+5.1%

How many homes are available in Braintree Town, MA?

Number of Homes For Sale

Dec 2022Jan 2023%
5348-9.4%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 106
-40.0%
3 2824
-14.3%
4 810
+25.0%
5+ 78
+14.3%

Number of Homes Sold

Dec 2022Jan 2023%
1912-36.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braintree Town, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
32 Days34 Days+6.8%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Braintree Town 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 Town, MA

Braintree Town, MA has 48 homes on the market. In January 2023 in Braintree Town, MA there were 9.4% less homes for sale than in December 2022. In January 2023 median list price was $607,125 and the average listing age was 34 days. Real estate listing prices changed between December 2022 and January 2023: prices of 1 bedroom properties increased by 1.5%, prices of 2 bedrooms properties increased by 12.8%, prices of 3 bedrooms properties increased by 7%, the cost of 4 bedrooms properties went up by 6.9%, prices of 5 bedrooms properties went up by 13.8%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes became 40% less available, volume of 3 bedrooms homes went down by 14.3%, 4 bedrooms homes inventory increased by 25%, 5 bedrooms homes became 14.3% more available. Over 4 listings were sold over their listed price in January 2023 in Braintree Town, MA. In the same period over 8 listings were sold below the listed price and 0 listings were sold for the listed price.

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