$10,000 Closing Credit*
$1,850,000
3,754 SqFt
5 Beds
•4 Full Baths
#73308456, Steve Leavey, Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
Is Natick, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Natick has remained a Seller's Market.
Key Takeaway
Natick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Natick, MA
How much do homes in Natick, MA cost?
Median Sold Price
$850,000
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$49,875(+6.2%)
Key Takeaway
Homes in Natick have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Natick was $850,000 in September 2024, up 6.2% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $329.9K | +15.8% |
| 2 Bedrooms | $578K | $624.9K | +8.1% |
| 3 Bedrooms | $701.2K | $785K | +11.9% |
| 4 Bedrooms | $1.0M | $1.0M | -1.7% |
| 5+ Bedrooms | $1.5M | $1.6M | +3.6% |
Summary: Natick housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Sherborn | $1.1M | $1.3M | +17.2% |
| Wellesley | $1.7M | $2.0M | +12.6% |
| Framingham | $600.8K | $650K | +8.2% |
| Natick | $800.1K | $850K | +6.2% |
| Dover | $1.7M | $1.6M | -6.4% |
Housing Supply in Natick, MA
How many homes are available in Natick, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 112 | 113 | +0.9% |
Summary: The Natick real estate market had 113 homes for sale in September 2024, a 0.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 14 | 9 | -35.7% |
| 3 Bedrooms | 42 | 41 | -2.4% |
| 4 Bedrooms | 30 | 35 | +16.7% |
| 5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The Natick housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 25 | -40.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Natick, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Natick in September 2024, down by 40.5% month-over-month. Of the 25 sold homes, 52% were sold under asking, 20% were sold at asking, and 28% were sold over asking.
Days on Market for Natick, MA
How long does it take to sell a home in Natick, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 23 Days | 27 Days | +16.5% |
Summary: Homes in Natick had an average of 27 days on market in Sep 2024, up by 16.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Natick are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 25 homes were sold in Natick; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
