Is Southampton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Southampton has remained a Seller's Market.
Key Takeaway
Southampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southampton, MA
How much do homes in Southampton, MA cost?
Median Sold Price
$425,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Southampton have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Southampton was $425,000 in November 2023, down 8.1% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $332.5K | N/A |
| 2 Bedrooms | $321K | $165K | -48.6% |
| 3 Bedrooms | $455K | $420K | -7.7% |
| 4 Bedrooms | $560K | $534.5K | -4.6% |
| 5+ Bedrooms | $523K | $395K | -24.5% |
Summary: Southampton housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 24.5%.
Median Sold Price Compared To Nearby Cities
| Holyoke | $261.3K | $286K | +9.4% |
| Easthampton Town | $395K | $380K | -3.8% |
| Easthampton | $400.5K | $383.2K | -4.3% |
| Southampton | $462.5K | $425K | -8.1% |
Housing Supply in Southampton, MA
How many homes are available in Southampton, MA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Southampton real estate market had 15 homes for sale in November 2023, the same as October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Southampton housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southampton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Southampton in November 2023, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Southampton, MA
How long does it take to sell a home in Southampton, MA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 19 Days | 11 Days | -40.8% |
Summary: Homes in Southampton had an average of 11 days on market in Nov 2023, down by 40.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southampton are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Southampton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
