Is Pembroke, 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, Pembroke has remained a Seller's Market.
Key Takeaway
Pembroke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Pembroke, MA cost?
Median Sold Price
$530,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$57,516(+12.2%)
Key Takeaway
Homes in Pembroke have sold for 12.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $309.4K | $336K | +8.6% |
| 2 Bedrooms | $334.2K | $386.9K | +15.8% |
| 3 Bedrooms | $450K | $520K | +15.6% |
| 4 Bedrooms | $605K | $712.5K | +17.8% |
| 5+ Bedrooms | $649.9K | $891.2K | +37.1% |
How many homes are available in Pembroke, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 42 | 56 | +33.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pembroke, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 21 Days | 17 Days | -17.4% |
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pembroke are selling fast, if you're buying plan to act quickly.
