Is Everett, 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, Everett has remained a Seller's Market.
Key Takeaway
Everett is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Everett, MA
How much do homes in Everett, MA cost?
Median Sold Price
$665,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Everett have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Everett was $665,000 in March 2024, up 6.4% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $254.4K | $297K | +16.7% |
| 2 Bedrooms | $415K | $450K | +8.4% |
| 3 Bedrooms | $567.5K | $600K | +5.7% |
| 4 Bedrooms | $680K | $700K | +2.9% |
| 5+ Bedrooms | $810K | $875K | +8.0% |
Summary: Everett housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 8%.
Housing Supply in Everett, MA
How many homes are available in Everett, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Everett real estate market had 37 homes for sale in March 2024, a 2.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Everett housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Everett, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Everett in March 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for Everett, MA
How long does it take to sell a home in Everett, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 33 Days | -23.6% |
Summary: Homes in Everett had an average of 33 days on market in Mar 2024, down by 23.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Everett are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Everett; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
