Is East Wareham, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Wareham is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in East Wareham, MA cost?

Median Sold Price

$350,000

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$45,000(+14.8%)

Key Takeaway

Homes in East Wareham have sold for 14.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $195K$160K
-17.9%
2 $260K$290K
+11.5%
3 $335K$380K
+13.4%
4 $367.5K$411K
+11.8%
5+ $360K$560K
+55.6%

Median Sold Price Compared To Nearby Cities

Wareham
+15.0%
East Wareham
+14.8%
Buzzards Bay
+12.7%
Plymouth
+11.6%

How many homes are available in East Wareham, MA?

Number of Homes For Sale

Apr 2022May 2022%
2419-20.8%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 12
+100.0%
2 85
-37.5%
3 96
-33.3%
4 44
0.0%
5+ 22
0.0%

Number of Homes Sold

Apr 2022May 2022%
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Wareham, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
46 Days22 Days-52.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Wareham 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 East Wareham, MA

Number of homes for sale in East Wareham, MA real estate market have reached 19. In May 2022 in East Wareham, MA there were 20.8% less homes for sale than in April 2022. The median list price of listings available in May 2022 was $350,000, while the average time on the real estate market was 22 days. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties went down by 17.9%, the cost of 2 bedrooms properties went up by 11.5%, the cost of 3 bedrooms properties went up by 13.4%, 4 bedrooms properties became 11.8% more expensive, prices of 5 bedrooms properties went up by 55.6%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went down by 37.5%, the quantity of 3 bedrooms homes went down by 33.3%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. While more than 4 listings in East Wareham, MA in May 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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