Is Dartmouth, 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, Dartmouth has remained a Seller's Market.
Key Takeaway
Dartmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dartmouth, MA
How much do homes in Dartmouth, MA cost?
Median Sold Price
$540,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dartmouth have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Dartmouth was $540,000 in March 2024, up 5.9% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $375K | -55.9% |
| 2 Bedrooms | $370K | $386.7K | +4.5% |
| 3 Bedrooms | $483.5K | $555K | +14.8% |
| 4 Bedrooms | $710K | $551.7K | -22.3% |
| 5+ Bedrooms | $725K | $1.8M | +150.1% |
Summary: Dartmouth housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes increased by 150.1%.
Median Sold Price Compared To Nearby Cities
| Westport | $592K | $669.5K | +13.1% |
| South Dartmouth | $540K | $600K | +11.1% |
| New Bedford | $375K | $410K | +9.3% |
| Dartmouth | $510K | $540K | +5.9% |
| North Dartmouth | $488.5K | $500K | +2.4% |
Housing Supply in Dartmouth, MA
How many homes are available in Dartmouth, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 50 | -10.7% |
Summary: The Dartmouth real estate market had 50 homes for sale in March 2024, a 10.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 25 | 22 | -12.0% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Dartmouth housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dartmouth, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Dartmouth in March 2024, down by 14.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Dartmouth, MA
How long does it take to sell a home in Dartmouth, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 68 Days | 31 Days | -53.3% |
Summary: Homes in Dartmouth had an average of 31 days on market in Mar 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dartmouth are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Dartmouth; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
