Is Groveland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Groveland has remained a Seller's Market.
Housing Prices in Groveland, MA
How much do homes in Groveland, MA cost?
Median Sold Price
$600,625
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Groveland was $600,625 in June 2024, up 10.2% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | - | N/A |
2 Bedrooms | $435K | $452.5K | +4.0% |
3 Bedrooms | $550K | $620K | +12.7% |
4 Bedrooms | $681K | $820.5K | +20.5% |
5+ Bedrooms | $706K | $755K | +6.9% |
Summary: Groveland housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Georgetown | $678K | $795K | +17.3% |
Byfield | $733.4K | $829K | +13.0% |
Groveland | $544.9K | $600.6K | +10.2% |
Haverhill | $470K | $490K | +4.2% |
West Newbury | $807K | $817.4K | +1.3% |
Housing Supply in Groveland, MA
How many homes are available in Groveland, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Summary: The Groveland real estate market had 10 homes for sale in June 2024, a 23.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Groveland housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Groveland in June 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Groveland, MA
How long does it take to sell a home in Groveland, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
33 Days | 23 Days | -29.7% |
Summary: Homes in Groveland had an average of 23 days on market in Jun 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Groveland; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.