Is East Wareham, 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, 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.
Housing Prices in East Wareham, MA
How much do homes in East Wareham, MA cost?
Median Sold Price
$424,000
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Wareham have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in East Wareham was $424,000 in March 2024, up 1.9% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $284.5K | $275K | -3.3% |
| 2 Bedrooms | $341K | $378.6K | +11.0% |
| 3 Bedrooms | $438K | $452K | +3.2% |
| 4 Bedrooms | $410K | $462K | +12.7% |
| 5+ Bedrooms | $499K | $630K | +26.3% |
Summary: East Wareham housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Plymouth | $560K | $589.3K | +5.2% |
| Buzzards Bay | $500K | $515K | +3.0% |
| Wareham | $410K | $420K | +2.4% |
| East Wareham | $416K | $424K | +1.9% |
Housing Supply in East Wareham, MA
How many homes are available in East Wareham, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The East Wareham real estate market had 10 homes for sale in March 2024, a 11.1% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The East Wareham 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Wareham, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Wareham in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for East Wareham, MA
How long does it take to sell a home in East Wareham, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 17 Days | 26 Days | +55.9% |
Summary: Homes in East Wareham had an average of 26 days on market in Mar 2024, up by 55.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Wareham are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in East Wareham; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
