Is East Weymouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, East Weymouth has remained a Seller's Market.
Housing Prices in East Weymouth, MA
How much do homes in East Weymouth, MA cost?
Median Sold Price
$575,000
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in East Weymouth was $575,000 in June 2024, up 21.1% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $312.5K | +30.2% |
2 Bedrooms | $390K | $410K | +5.1% |
3 Bedrooms | $540K | $620K | +14.8% |
4 Bedrooms | $604.5K | $680.4K | +12.6% |
5+ Bedrooms | $815K | $725K | -11.0% |
Summary: East Weymouth housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
East Weymouth | $475K | $575K | +21.1% |
South Weymouth | $513K | $590K | +15.0% |
Weymouth Town | $520.2K | $577.8K | +11.1% |
Weymouth | $543K | $595K | +9.6% |
North Weymouth | $540K | $515K | -4.6% |
Housing Supply in East Weymouth, MA
How many homes are available in East Weymouth, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
44 | 43 | -2.3% |
Summary: The East Weymouth real estate market had 43 homes for sale in June 2024, a 2.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The East Weymouth housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in East Weymouth in June 2024, down by 23.5% month-over-month. Of the 13 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for East Weymouth, MA
How long does it take to sell a home in East Weymouth, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 21 Days | +17.6% |
Summary: Homes in East Weymouth had an average of 21 days on market in Jun 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 13 homes were sold in East Weymouth; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.