Is Seaport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Seaport was a Neutral Market.
Housing Prices in Seaport, MA
How much do homes in Seaport, MA cost?
Median Sold Price
$1,965,000
$1,579/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Seaport was $1,965,000 in May 2024, up 45.6% from last year, and the median price per square foot was $1,579.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.1M | $1.2M | +9.3% |
2 Bedrooms | $2.3M | $2.3M | +2.8% |
3 Bedrooms | $3.0M | $2.3M | -25.2% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Seaport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 25.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Seaport | $1.3M | $1.9M | +45.6% |
South Boston | $810.4K | $868.3K | +7.1% |
Housing Supply in Seaport, MA
How many homes are available in Seaport, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 50 | +6.4% |
Summary: The Seaport real estate market had 50 homes for sale in May 2024, a 6.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 23 | +9.5% |
2 Bedrooms | 21 | 23 | +9.5% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seaport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Seaport in May 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Seaport, MA
How long does it take to sell a home in Seaport, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
87 Days | 56 Days | -35.2% |
Summary: Homes in Seaport had an average of 56 days on market in May 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Seaport; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.