Is Norwell, 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, Norwell has remained a Seller's Market.
How much do homes in Norwell, MA cost?
Median Sold Price
$849,500
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
Median Sold Price By Bedroom Count
# BEDS | May 2021 | May 2022 | % |
---|---|---|---|
1 Bedroom | $430K | - | N/A |
2 Bedrooms | $615K | $727.5K | +18.3% |
3 Bedrooms | $632.5K | $661K | +4.5% |
4 Bedrooms | $860K | $1.0M | +16.3% |
5+ Bedrooms | $1.3M | $1.6M | +17.4% |
Median Sold Price Compared To Nearby Cities
% | |
---|---|
Hanover | +17.2% |
Scituate | +17.0% |
Rockland | +16.2% |
Norwell | +12.5% |
Marshfield | +12.2% |
How many homes are available in Norwell, MA?
Number of Homes For Sale
Apr 2022 | May 2022 | % |
---|---|---|
55 | 55 | 0.0% |
Homes For Sale By Bedroom Count
# BEDS | Apr 2022 | May 2022 | % |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 22 | 27 | +22.7% |
5+ Bedrooms | 11 | 11 | 0.0% |
Number of Homes Sold
Apr 2022 | May 2022 | % |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Average Sale Time
May 2021 | May 2022 | % |
---|---|---|
71 Days | 17 Days | -75.8% |
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days