Is Groveland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Groveland has remained a Seller's Market.
Key Takeaway
Groveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Groveland, MA cost?
Median Sold Price
$519,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$1,500(+0.3%)
Key Takeaway
The sold price of homes in Groveland has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $363.7K | $420K | +15.5%  |
| 3 Bedrooms | $492.5K | $519K | +5.4% |
| 4 Bedrooms | $595K | $690K | +16.0% |
| 5+ Bedrooms | $610K | $671.5K | +10.1% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Georgetown | +17.5% |
| Haverhill | +13.8% |
| West Newbury | +9.9% |
| Groveland | 0.3% |
| Byfield | -15.8%  |
How many homes are available in Groveland, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 21 | 29 | +38.1% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 4 | 3 | -25.0%  |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Groveland, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 15 Days | 14 Days | -7.5% |
Breakdown of Home Sale Times
6 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 Groveland are selling fast, if you're buying plan to act quickly.
© Copyright 2022 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NNEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 