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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weymouth Town is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Weymouth Town, MA cost?

Median Sold Price

$506,697

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$48,625(+10.6%)

Key Takeaway

Homes in Weymouth Town have sold for 10.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $234K$247.2K
+5.7%
2 $357.8K$392.2K
+9.6%
3 $490K$549.6K
+12.2%
4 $570K$620K
+8.8%
5+ $625K$735K
+17.6%

Median Sold Price Compared To Nearby Cities

South Weymouth
+13.1%
Weymouth
+10.8%
Weymouth Town
+10.6%
North Weymouth
+9.6%
East Weymouth
+6.0%

How many homes are available in Weymouth Town, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
249206-17.3%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 1713
-23.5%
2 7958
-26.6%
3 8974
-16.9%
4 5049
-2.0%
5+ 1412
-14.3%

Number of Homes Sold

Jun 2022Jul 2022%
8672-16.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weymouth Town, you could pay more than the asking price. 76.4% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
21 Days22 Days+7.4%

Breakdown of Home Sale Times

64 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Weymouth Town 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 Town, MA

Weymouth Town, MA has 206 homes for sale to choose from. The inventory of homes for sale in Weymouth Town, MA between June 2022 and July 2022 decreased by 17.3%. Listings spent 22 days on the market in July 2022, and had a median list price of $506,697 during the same period. Listing prices have changed in this real estate market between June 2022 and July 2022: 1 bedroom properties became 5.7% more expensive, 2 bedrooms properties became 9.6% more expensive, the cost of 3 bedrooms properties went up by 12.2%, prices of 4 bedrooms properties increased by 8.8%, the cost of 5 bedrooms properties went up by 17.6%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 23.5%, volume of 2 bedrooms homes went down by 26.6%, 3 bedrooms homes became 16.9% less available, volume of 4 bedrooms homes went down by 2%, volume of 5 bedrooms homes went down by 14.3%. Over 55 listings were sold over their listed price in July 2022 in Weymouth Town, MA. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price.

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