Is Scituate, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Scituate has remained a Neutral Market.
Key Takeaway
Scituate is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Scituate, MA
How much do homes in Scituate, MA cost?
Median Sold Price
$851,666
$447/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Scituate have sold for 1% less than they did a year ago.
Summary: The median home sold price in Scituate was $851,666 in March 2024, down 1% from last year, and the median price per square foot was $447.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $524K | $502.5K | -4.1% |
| 2 Bedrooms | $767K | $732.5K | -4.5% |
| 3 Bedrooms | $749.5K | $830K | +10.7% |
| 4 Bedrooms | $1.1M | $1.0M | -7.5% |
| 5+ Bedrooms | $1.5M | $1.4M | -10.8% |
Summary: Scituate housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Cohasset | $1.2M | $1.3M | +15.0% |
| Marshfield | $648.3K | $732.5K | +13.0% |
| Scituate | $860K | $851.6K | -1.0% |
| Hingham | $1.1M | $1.1M | -7.2% |
Housing Supply in Scituate, MA
How many homes are available in Scituate, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 45 | -8.2% |
Summary: The Scituate real estate market had 45 homes for sale in March 2024, a 8.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Scituate housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scituate, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Scituate in March 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Scituate, MA
How long does it take to sell a home in Scituate, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 28 Days | -19.6% |
Summary: Homes in Scituate had an average of 28 days on market in Mar 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Scituate has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Scituate; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
