Is Buzzards Bay, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Buzzards Bay has remained a Seller's Market.
Housing Prices in Buzzards Bay, MA
How much do homes in Buzzards Bay, MA cost?
Median Sold Price
$515,000
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Buzzards Bay was $515,000 in March 2024, up 3% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $292.4K | $299.9K | +2.5% |
2 Bedrooms | $412.5K | $415.5K | +0.7% |
3 Bedrooms | $501.2K | $530K | +5.7% |
4 Bedrooms | $580K | $707K | +21.9% |
5+ Bedrooms | $1.4M | $850K | -39.8% |
Summary: Buzzards Bay housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes decreased by 39.8%.
Median Sold Price Compared To Nearby Cities
Pocasset | $589.5K | $725K | +23.0% |
Bourne | $549.9K | $630K | +14.6% |
Buzzards Bay | $500K | $515K | +3.0% |
Housing Supply in Buzzards Bay, MA
How many homes are available in Buzzards Bay, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 45 | +9.8% |
Summary: The Buzzards Bay real estate market had 45 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 4 | -42.9% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Buzzards Bay housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Buzzards Bay in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 19 Days | -72.3% |
Summary: Homes in Buzzards Bay had an average of 19 days on market in Mar 2024, down by 72.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Buzzards Bay; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.