Is South End, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South End is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, South End was a Seller's Market.

Key Takeaway

South End 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 South End, MA

How much do homes in South End, MA cost?

Median Sold Price

$1,350,000

$1,184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,500(+4.4%)

Key Takeaway

Homes in South End have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in South End was $1,350,000 in November 2024, up 4.4% from last year, and the median price per square foot was $1,184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $790K$769.5K
-2.6%
2 $1.2M$1.2M
+1.0%
3 $2.2M$2.4M
+9.7%
4 $3.2M$3.2M
-0.1%
5+ $3.8M$3.1M
-17.7%

Summary: South End housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 17.7%.

Housing Supply in South End, MA

How many homes are available in South End, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
157136-13.4%

Summary: The South End real estate market had 136 homes for sale in November 2024, a 13.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3529
-17.1%
2 6049
-18.3%
3 4944
-10.2%
4 95
-44.4%
5+ 49
+125.0%

Summary: The South End housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.1%, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 125%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3122-29.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South End, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in South End in November 2024, down by 29.0% month-over-month. Of the 22 sold homes, 64% were sold under asking, 14% were sold at asking, and 23% were sold over asking.

Days on Market for South End, MA

How long does it take to sell a home in South End, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days47 Days+22.2%

Summary: Homes in South End had an average of 47 days on market in Nov 2024, up by 22.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in South End; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 12 Days Ago

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