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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weymouth is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Weymouth has remained a Seller's Market.

Key Takeaway

Weymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Weymouth, MA cost?

Median Sold Price

$539,500

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$32,000(+6.3%)

Key Takeaway

Homes in Weymouth have sold for 6.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $207.5K$220K
+6.0%
2 $359K$460K
+28.1%
3 $510K$560K
+9.8%
4 $580K$612.5K
+5.6%
5+ $675K$675K
0.0%

Median Sold Price Compared To Nearby Cities

Braintree Town
+7.6%
Weymouth
+6.3%
Weymouth Town
+5.2%
South Weymouth
+0.8%
East Weymouth
-2.0%

How many homes are available in Weymouth, MA?

Number of Homes For Sale

Nov 2022Dec 2022%
3024-20.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 66
0.0%
3 1610
-37.5%
4 78
+14.3%
5+ 10
-100.0%

Number of Homes Sold

Nov 2022Dec 2022%
910+11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weymouth, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
19 Days22 Days+13.3%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Weymouth, MA

Weymouth, MA has 24 homes for sale to choose from. Between November 2022 and December 2022, Weymouth, MA real estate market has seen decrease in the number of listings by 20%. The median list price of listings available in December 2022 was $539,500, while the average time on the real estate market was 22 days. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 6%, the cost of 2 bedrooms properties went up by 28.1%, 3 bedrooms properties prices increased by 9.8%, prices of 4 bedrooms properties went up by 5.6%, the cost of 5 bedrooms properties have not changed. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes decreased by 37.5%, number of 4 bedrooms homes increased by 14.3%, the quantity of 5 bedrooms homes went down by 100%. In December 2022, from all listings sold in Weymouth, MA there were more than 3 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price.

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