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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southampton is a 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

-$37,500(-8.1%)

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

# BEDSNov 2022Nov 2023CHANGE
1 -$332.5K
N/A
2 $321K$165K
-48.6%
3 $455K$420K
-7.7%
4 $560K$534.5K
-4.6%
5+ $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
+9.4%
Easthampton Town
-3.8%
Easthampton
-4.3%
Southampton
-8.1%

Housing Supply in Southampton, MA

How many homes are available in Southampton, MA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
15150.0%

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

# BEDSOct 2023Nov 2023CHANGE
1 10
-100.0%
2 11
0.0%
3 910
+11.1%
4 44
0.0%
5+ 00
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 2023Nov 2023CHANGE
23+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

Asking vs Sold - buyer

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 2022Nov 2023CHANGE
19 Days11 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

Breakdown of Home Sale Times

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.

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

Report Updated 1 Day Ago

Newest Listings in Southampton, MA

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