$235,000
4.60 Acres
Land
#73317426, Milton Morris, Listing Office: Morris Real Estate
Is Bridgewater, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bridgewater has remained a Seller's Market.
Key Takeaway
Bridgewater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgewater, MA
How much do homes in Bridgewater, MA cost?
Median Sold Price
$590,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,333(+5.0%)
Key Takeaway
Homes in Bridgewater have sold for 5% more than they did a year ago.
Summary: The median home sold price in Bridgewater was $590,000 in November 2024, up 5% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $255K | +18.6% |
| 2 Bedrooms | $325K | $346K | +6.5% |
| 3 Bedrooms | $586K | $572K | -2.4% |
| 4 Bedrooms | $706K | $694.5K | -1.6% |
| 5+ Bedrooms | $640K | $750K | +17.2% |
Summary: Bridgewater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Cities
| Halifax | $450K | $528.5K | +17.4% |
| West Bridgewater | $528K | $587K | +11.2% |
| Bridgewater | $561.6K | $590K | +5.0% |
| Middleborough | $497.4K | $520K | +4.5% |
| East Bridgewater | $492.5K | $513K | +4.2% |
Housing Supply in Bridgewater, MA
How many homes are available in Bridgewater, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 50 | -26.5% |
Summary: The Bridgewater real estate market had 50 homes for sale in November 2024, a 26.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 29 | 23 | -20.7% |
| 4 Bedrooms | 19 | 11 | -42.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Bridgewater housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 13 | -38.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgewater, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Bridgewater in November 2024, down by 38.1% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for Bridgewater, MA
How long does it take to sell a home in Bridgewater, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 37 Days | +57.2% |
Summary: Homes in Bridgewater had an average of 37 days on market in Nov 2024, up by 57.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgewater are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Bridgewater; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
