Is North Scituate, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, North Scituate has remained a Seller's Market.
Key Takeaway
North Scituate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Scituate, RI
How much do homes in North Scituate, RI cost?
Median Sold Price
$452,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Scituate have sold for 7% more than they did a year ago.
Summary: The median home sold price in North Scituate was $452,000 in March 2024, up 7% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $207K | -17.2% |
| 2 Bedrooms | $367K | $410K | +11.7% |
| 3 Bedrooms | $426.2K | $480K | +12.6% |
| 4 Bedrooms | $500K | $575K | +15.0% |
| 5+ Bedrooms | $574.2K | $850K | +48.0% |
Summary: North Scituate housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.2%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 48%.
Housing Supply in North Scituate, RI
How many homes are available in North Scituate, RI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The North Scituate real estate market had 17 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The North Scituate housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Scituate, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in North Scituate in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for North Scituate, RI
How long does it take to sell a home in North Scituate, RI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 28 Days | -50.1% |
Summary: Homes in North Scituate had an average of 28 days on market in Mar 2024, down by 50.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Scituate are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in North Scituate; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
