Is Buzzards Bay, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buzzards Bay is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Buzzards Bay, MA

How much do homes in Buzzards Bay, MA cost?

Median Sold Price

$529,000

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$49,000(+10.2%)

Key Takeaway

Homes in Buzzards Bay have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Buzzards Bay was $529,000 in September 2024, up 10.2% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $292.4K$333K
+13.9%
2 $392.5K$477K
+21.5%
3 $505K$565K
+11.9%
4 $656.2K$644.5K
-1.8%
5+ $850K$850K
0.0%

Summary: Buzzards Bay housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pocasset
+23.0%
Bourne
+10.8%
Buzzards Bay
+10.2%

Housing Supply in Buzzards Bay, MA

How many homes are available in Buzzards Bay, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6066+10.0%

Summary: The Buzzards Bay real estate market had 66 homes for sale in September 2024, a 10.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 43
-25.0%
2 2530
+20.0%
3 1919
0.0%
4 1012
+20.0%
5+ 22
0.0%

Summary: The Buzzards Bay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buzzards Bay, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Buzzards Bay in September 2024, down by 13.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.

Days on Market for Buzzards Bay, MA

How long does it take to sell a home in Buzzards Bay, MA?

Average Sale Time

Sep 2023Sep 2024CHANGE
26 Days35 Days+34.6%

Summary: Homes in Buzzards Bay had an average of 35 days on market in Sep 2024, up by 34.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 13 homes were sold in Buzzards Bay; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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

Report Updated Sep 1, 2024

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