Is Centerville, 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, Centerville has remained a Seller's Market.
Housing Prices in Centerville, MA
How much do homes in Centerville, MA cost?
Median Sold Price
$655,000
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Centerville was $655,000 in March 2024, up 11.2% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $435K | $230K | -47.1% |
2 Bedrooms | $440K | $530K | +20.5% |
3 Bedrooms | $600.7K | $650K | +8.2% |
4 Bedrooms | $687.5K | $750K | +9.1% |
5+ Bedrooms | $1.6M | $1.2M | -21.5% |
Summary: Centerville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 21.5%.
Median Sold Price Compared To Nearby Cities
Centerville | $589K | $655K | +11.2% |
Hyannis | $440K | $464.9K | +5.7% |
Barnstable Town | $607.6K | $630.5K | +3.8% |
Marstons Mills | $639K | $610K | -4.5% |
Osterville | $1.4M | $892.5K | -36.3% |
Housing Supply in Centerville, MA
How many homes are available in Centerville, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 36 | +16.1% |
Summary: The Centerville real estate market had 36 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Centerville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Centerville in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for Centerville, MA
How long does it take to sell a home in Centerville, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 34 Days | -39.3% |
Summary: Homes in Centerville had an average of 34 days on market in Mar 2024, down by 39.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Centerville; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.