Is Forestdale, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forestdale is a seller's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Forestdale was a Neutral Market.

Key Takeaway

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

How much do homes in Forestdale, MA cost?

Median Sold Price

$520,000

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$75,000(+16.9%)

Key Takeaway

Homes in Forestdale have sold for 16.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $120K-
N/A
2 $340K$389K
+14.4%
3 $416K$512.5K
+23.2%
4 $516.5K$595K
+15.2%
5+ $442K$1.0M
+127.9%

Median Sold Price Compared To Nearby Cities

Bourne
+18.4%
Forestdale
+16.9%
Sandwich
+16.0%
East Sandwich
+13.7%
Buzzards Bay
+12.7%

How many homes are available in Forestdale, MA?

Number of Homes For Sale

Apr 2022May 2022%
1213+8.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 10
-100.0%
3 610
+66.7%
4 43
-25.0%
5+ 10
-100.0%

Number of Homes Sold

Apr 2022May 2022%
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forestdale, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
16 Days14 Days-10.0%

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Forestdale 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 Forestdale, MA

Forestdale, MA has 13 homes on the market. The number of listings in Forestdale, MA increased by 8.3% between April 2022 and May 2022. In May 2022, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $520,000. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 14.4%, the cost of 3 bedrooms properties went up by 23.2%, the cost of 4 bedrooms properties went up by 15.2%, the cost of 5 bedrooms properties went up by 127.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 100%, volume of 3 bedrooms homes went up by 66.7%, volume of 4 bedrooms homes went down by 25%, number of 5 bedrooms homes decreased by 100%. While more than 4 listings in Forestdale, MA in May 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

Related Housing Market Reports