Is Sharon, 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, Sharon has remained a Seller's Market.
Key Takeaway
Sharon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sharon, MA
How much do homes in Sharon, MA cost?
Median Sold Price
$762,500
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sharon have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Sharon was $762,500 in March 2024, up 1.7% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $246.5K | $270K | +9.5% |
| 2 Bedrooms | $655K | $616.7K | -5.8% |
| 3 Bedrooms | $633.9K | $690K | +8.8% |
| 4 Bedrooms | $987.5K | $920K | -6.8% |
| 5+ Bedrooms | $1.5M | $1.0M | -31.8% |
Summary: Sharon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 31.8%.
Housing Supply in Sharon, MA
How many homes are available in Sharon, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 39 | +30.0% |
Summary: The Sharon real estate market had 39 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Sharon 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 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sharon, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Sharon in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Sharon, MA
How long does it take to sell a home in Sharon, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 22 Days | -55.7% |
Summary: Homes in Sharon had an average of 22 days on market in Mar 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
10 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 Sharon are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in Sharon; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
