Is Georgetown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
Since last year, Georgetown has remained a Seller's Market.
Key Takeaway
Georgetown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Georgetown, MA cost?
Median Sold Price
$625,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$65,000(+11.6%)
Key Takeaway
Homes in Georgetown have sold for 11.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $199K | $215K | +8.0% |
| 2 Bedrooms | $423.6K | $432.5K | +2.1% |
| 3 Bedrooms | $531.3K | $600K | +12.9% |
| 4 Bedrooms | $680K | $769.7K | +13.2% |
| 5+ Bedrooms | $475K | $600K | +26.3% |
How many homes are available in Georgetown, MA?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 39 | 32 | -17.9% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 17 | 11 | -35.3% |
| 4 Bedrooms | 16 | 17 | +6.3%  |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Georgetown, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 18 Days | 17 Days | -5.7% |
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Georgetown are selling fast, if you're buying plan to act quickly.
