Is Scituate, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scituate is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Scituate has remained a Seller's Market.

Key Takeaway

Scituate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Scituate, MA cost?

Median Sold Price

$833,000

$426/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$105,333(+14.5%)

Key Takeaway

Homes in Scituate have sold for 14.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $411K$387.4K
-5.7%
2 $569.7K$688.4K
+20.8%
3 $669.5K$751.2K
+12.2%
4 $795K$975K
+22.6%
5+ $1.1M$1.2M
+9.9%

Median Sold Price Compared To Nearby Cities

Norwell
+15.6%
Scituate
+14.5%
Hingham
+13.9%
Marshfield
+8.5%
Cohasset
+1.9%

How many homes are available in Scituate, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
1151150.0%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 03
+100.0%
2 2023
+15.0%
3 4031
-22.5%
4 4549
+8.9%
5+ 109
-10.0%

Number of Homes Sold

Jun 2022Jul 2022%
3127-12.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scituate, you could pay more than the asking price. 74.1% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
18 Days15 Days-16.4%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scituate are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Scituate, MA

Homes for sale in Scituate, MA have reached 115. While the average time on the market in July 2022 was 15 days, the median list price was $833,000. Between June 2022 and July 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went down by 5.7%, prices of 2 bedrooms properties went up by 20.8%, 3 bedrooms properties became 12.2% more expensive, the cost of 4 bedrooms properties went up by 22.6%, prices of 5 bedrooms properties went up by 9.9%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes became 15% more available, the quantity of 3 bedrooms homes went down by 22.5%, the quantity of 4 bedrooms homes went up by 8.9%, 5 bedrooms homes became 10% less available. In July 2022, from all listings sold in Scituate, MA there were more than 20 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price.

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