Is North Weymouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, North Weymouth has remained a Seller's Market.
Key Takeaway
North Weymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in North Weymouth, MA cost?
Median Sold Price
$520,000
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$72,550(+16.2%)
Key Takeaway
Homes in North Weymouth have sold for 16.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $300K | $280K | -6.7% |
| 2 Bedrooms | $415K | $434K | +4.6% |
| 3 Bedrooms | $457.5K | $542.5K | +18.6% |
| 4 Bedrooms | $590K | $615K | +4.2% |
| 5+ Bedrooms | $550K | $702.5K | +27.7% |
Median Sold Price Compared To Nearby Cities
| North Weymouth | $447.4K | $520K | +16.2% |
| Hingham | $1.0M | $1.1M | +9.5% |
| Braintree | $576.6K | $609.5K | +5.7% |
| Weymouth Town | $487.9K | $514.4K | +5.4% |
| East Weymouth | $481K | $464K | -3.5% |
How many homes are available in North Weymouth, MA?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 29 | 16 | -44.8% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 10 | 5 | -50.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 14 | 5 | -64.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Weymouth, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 35 Days | 23 Days | -34.5% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Weymouth are selling fast, if you're buying plan to act quickly.
