Is Hyde Park, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hyde Park has remained a Seller's Market.
Housing Prices in Hyde Park, MA
How much do homes in Hyde Park, MA cost?
Median Sold Price
$595,250
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hyde Park was $595,250 in April 2024, down 3.7% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $252K | $245K | -2.8% |
2 Bedrooms | $470K | $395K | -16.0% |
3 Bedrooms | $589.9K | $575K | -2.5% |
4 Bedrooms | $667K | $687.5K | +3.1% |
5+ Bedrooms | $862.5K | $870K | +0.9% |
Summary: Hyde Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
West Roxbury | $740.9K | $760K | +2.6% |
Roslindale | $700K | $715K | +2.1% |
Fairmount Hill | $685K | $675K | -1.5% |
Hyde Park | $618.3K | $595.2K | -3.7% |
Housing Supply in Hyde Park, MA
How many homes are available in Hyde Park, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 45 | -15.1% |
Summary: The Hyde Park real estate market had 45 homes for sale in April 2024, a 15.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 22 | 9 | -59.1% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Hyde Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 59.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hyde Park in April 2024, down by 11.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Hyde Park, MA
How long does it take to sell a home in Hyde Park, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 41 Days | +0.7% |
Summary: Homes in Hyde Park had an average of 41 days on market in Apr 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Hyde Park; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.