Is Cohasset, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cohasset is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Cohasset, MA

How much do homes in Cohasset, MA cost?

Median Sold Price

$1,370,000

$475/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$32,500(+2.4%)

Key Takeaway

Homes in Cohasset have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Cohasset was $1,370,000 in September 2024, up 2.4% from last year, and the median price per square foot was $475.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $432.5K$775K
+79.2%
2 $705K$750K
+6.4%
3 $979.5K$950K
-3.0%
4 $1.3M$1.4M
+7.9%
5+ $1.9M$2.3M
+22.9%

Summary: Cohasset housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 79.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Hull
+17.8%
Hingham
+11.6%
Cohasset
+2.4%
Scituate
+1.7%

Housing Supply in Cohasset, MA

How many homes are available in Cohasset, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4047+17.5%

Summary: The Cohasset real estate market had 47 homes for sale in September 2024, a 17.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 43
-25.0%
2 46
+50.0%
3 56
+20.0%
4 1116
+45.5%
5+ 1616
0.0%

Summary: The Cohasset 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cohasset, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Cohasset in September 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.

Days on Market for Cohasset, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
38 Days41 Days+6.1%

Summary: Homes in Cohasset had an average of 41 days on market in Sep 2024, up by 6.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 10 homes were sold in Cohasset; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 5 Days Ago

Newest Listings in Cohasset, MA

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