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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Georgetown is a 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

# BEDSJul 2021Jul 2022%
1 $199K$215K
+8.0%
2 $423.6K$432.5K
+2.1%
3 $531.3K$600K
+12.9%
4 $680K$769.7K
+13.2%
5+ $475K$600K
+26.3%

Median Sold Price Compared To Nearby Cities

Georgetown
+11.6%
Newbury
+8.3%
Byfield
+3.7%
Boxford
+2.7%
Groveland
-1.6%

How many homes are available in Georgetown, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
3932-17.9%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 21
-50.0%
2 21
-50.0%
3 1711
-35.3%
4 1617
+6.3%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
118-27.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2021Jul 2022%
18 Days17 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Georgetown 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 Georgetown, MA

Homes for sale in Georgetown, MA have reached 32. The number of listings in Georgetown, MA decreased by 17.9% between June 2022 and July 2022. In July 2022, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $625,000. This housing market listing prices have changed between June 2022 and July 2022: the cost of 1 bedroom properties went up by 8%, 2 bedrooms properties prices increased by 2.1%, 3 bedrooms properties became 12.9% more expensive, prices of 4 bedrooms properties went up by 13.2%, prices of 5 bedrooms properties increased by 26.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 50%, number of 2 bedrooms homes decreased by 50%, 3 bedrooms homes inventory decreased by 35.3%, number of 4 bedrooms homes increased by 6.3%, 5 bedrooms homes inventory did not change. In July 2022, from all listings sold in Georgetown, MA there were more than 7 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.

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