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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dover is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Dover, MA cost?

Median Sold Price

$1,562,000

$401/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$137,000(+9.6%)

Key Takeaway

Homes in Dover have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $440K-
N/A
2 $625K$907.5K
+45.2%
3 $925K$1.0M
+13.5%
4 $1.2M$1.5M
+21.7%
5+ $1.8M$2.7M
+49.3%

Median Sold Price Compared To Nearby Cities

Natick
+19.4%
Wellesley
+16.5%
Needham
+12.4%
Dover
+9.6%
Sherborn
+4.8%

How many homes are available in Dover, MA?

Number of Homes For Sale

Nov 2022Dec 2022%
1512-20.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 32
-33.3%
3 00
0.0%
4 21
-50.0%
5+ 109
-10.0%

Number of Homes Sold

Nov 2022Dec 2022%
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dover, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
29 Days66 Days+127.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Dover, MA

Dover, MA has 12 homes on the market. The number of homes for sale in Dover, MA decreased by 20% between November 2022 and December 2022. Listings spent 66 days on the market in December 2022, and had a median list price of $1,562,000 during the same period. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 45.2%, prices of 3 bedrooms properties went up by 13.5%, prices of 4 bedrooms properties increased by 21.7%, 5 bedrooms properties prices increased by 49.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 33.3% less available, 3 bedrooms homes inventory did not change, number of 4 bedrooms homes decreased by 50%, 5 bedrooms homes inventory decreased by 10%. Dover, MA housing market in December 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 3 sold below.

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