$3,830 Closing Credit*
$322,500
640 SqFt
2 Beds
•1 Full Bath
#73315666, MaryBeth Muldowney, Listing Office: TradeWinds Realty Group LLC
Is Swansea, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Swansea has remained a Seller's Market.
Key Takeaway
Swansea is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swansea, MA
How much do homes in Swansea, MA cost?
Median Sold Price
$465,500
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,050(+5.9%)
Key Takeaway
Homes in Swansea have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Swansea was $465,500 in November 2024, up 5.9% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405K | $310K | -23.5% |
| 2 Bedrooms | $352K | $403K | +14.5% |
| 3 Bedrooms | $440K | $485K | +10.2% |
| 4 Bedrooms | $482.5K | $560K | +16.1% |
| 5+ Bedrooms | $425K | $530K | +24.7% |
Summary: Swansea housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 24.7%.
Housing Supply in Swansea, MA
How many homes are available in Swansea, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 44 | -15.4% |
Summary: The Swansea real estate market had 44 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Swansea housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swansea, 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 Swansea in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for Swansea, MA
How long does it take to sell a home in Swansea, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 26 Days | -10.3% |
Summary: Homes in Swansea had an average of 26 days on market in Nov 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Swansea are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Swansea; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
