Is Wellington-Harrington, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wellington-Harrington has remained a Seller's Market.
Key Takeaway
Wellington-Harrington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wellington-Harrington, MA
How much do homes in Wellington-Harrington, MA cost?
Median Sold Price
$890,000
$881/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wellington-Harrington have sold for 30.5% less than they did a year ago.
Summary: The median home sold price in Wellington-Harrington was $890,000 in April 2024, down 30.5% from last year, and the median price per square foot was $881.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $570K | $649K | +13.9% |
| 2 Bedrooms | $869K | $800K | -7.9% |
| 3 Bedrooms | $1.2M | $1.5M | +21.7% |
| 4 Bedrooms | $1.9M | - | N/A |
| 5+ Bedrooms | $1.5M | $1.7M | +7.9% |
Summary: Wellington-Harrington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 21.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Union Square / Prospect | $1.1M | $890K | -21.6% |
| Wellington-Harrington | $1.2M | $890K | -30.5% |
| Inman Square | $1.2M | $840K | -34.1% |
Housing Supply in Wellington-Harrington, MA
How many homes are available in Wellington-Harrington, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Wellington-Harrington real estate market had 10 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wellington-Harrington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wellington-Harrington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Wellington-Harrington in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Wellington-Harrington, MA
How long does it take to sell a home in Wellington-Harrington, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 130 Days | 68 Days | -47.3% |
Summary: Homes in Wellington-Harrington had an average of 68 days on market in Apr 2024, down by 47.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wellington-Harrington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Wellington-Harrington; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
