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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Weymouth is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in East Weymouth, MA cost?

Median Sold Price

$475,000

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

-$9,900(-2.0%)

Key Takeaway

Homes in East Weymouth have sold for 2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $255K$285K
+11.8%
2 $360K$369.5K
+2.6%
3 $510K$545K
+6.9%
4 $597.5K$600K
0.4%
5+ $673.5K$765K
+13.6%

Median Sold Price Compared To Nearby Cities

North Weymouth
+11.1%
Weymouth
+6.3%
Weymouth Town
+5.2%
South Weymouth
+0.8%
East Weymouth
-2.0%

How many homes are available in East Weymouth, MA?

Number of Homes For Sale

Nov 2022Dec 2022%
3422-35.3%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 10
-100.0%
2 108
-20.0%
3 1912
-36.8%
4 42
-50.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
156-60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Weymouth, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
24 Days24 Days-3.6%

Breakdown of Home Sale Times

5 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 Weymouth 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 Weymouth, MA

East Weymouth, MA has 22 homes on the market. In December 2022 in East Weymouth, MA there were 35.3% less homes for sale than in November 2022. While the average time on the market in December 2022 was 24 days, the median list price was $475,000. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 11.8%, 2 bedrooms properties prices increased by 2.6%, prices of 3 bedrooms properties went up by 6.9%, 4 bedrooms properties prices increased by 0.4%, 5 bedrooms properties became 13.6% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 100%, number of 2 bedrooms homes decreased by 20%, the quantity of 3 bedrooms homes went down by 36.8%, the quantity of 4 bedrooms homes went down by 50%, volume of 5 bedrooms homes stayed the same. While more than 3 listings in East Weymouth, MA in December 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

Related Housing Market Reports