Is Fenway / Kenmore, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fenway / Kenmore was a Seller's Market.
Key Takeaway
Fenway / Kenmore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fenway / Kenmore, MA
How much do homes in Fenway / Kenmore, MA cost?
Median Sold Price
$500,000
$1,046/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Fenway / Kenmore have sold for 21.3% less than they did a month ago.
Summary: The median home sold price in Fenway / Kenmore was $500,000 in April 2024, down 21.3% from last month, and the median price per square foot was $1,046.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | $495K | +8.8% |
| 2 Bedrooms | - | $930K | N/A |
| 3 Bedrooms | $959K | - | N/A |
| 4 Bedrooms | $2.5M | - | N/A |
| 5+ Bedrooms | - | $500K | N/A |
Summary: Fenway / Kenmore housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fenway / Kenmore, MA
How many homes are available in Fenway / Kenmore, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 40 | +37.9% |
Summary: The Fenway / Kenmore real estate market had 40 homes for sale in April 2024, a 37.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 16 | +33.3% |
| 2 Bedrooms | 11 | 17 | +54.5% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Fenway / Kenmore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fenway / Kenmore, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fenway / Kenmore in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Fenway / Kenmore, MA
How long does it take to sell a home in Fenway / Kenmore, MA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -51.6% |
Summary: Homes in Fenway / Kenmore had an average of 15 days on market in Apr 2024, down by 51.6% compared to last month.
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
Key Takeaway
Many homes in Fenway / Kenmore are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Fenway / Kenmore; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
