Is 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, Scituate has remained a Seller's Market.
Housing Prices in Scituate, RI
How much do homes in Scituate, RI cost?
Median Sold Price
$432,500
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Scituate was $432,500 in March 2024, up 2.4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $207K | -11.9% |
2 Bedrooms | $364K | $400K | +9.9% |
3 Bedrooms | $441.1K | $480K | +8.8% |
4 Bedrooms | $500K | $499.9K | 0% |
5+ Bedrooms | $420K | $650K | +54.8% |
Summary: Scituate housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 54.8%.
Median Sold Price Compared To Nearby Cities
Coventry | $349.6K | $382.1K | +9.3% |
North Scituate | $422.5K | $452K | +7.0% |
Johnston | $375K | $399.9K | +6.6% |
Scituate | $422.5K | $432.5K | +2.4% |
Housing Supply in Scituate, RI
How many homes are available in Scituate, RI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 23 | 0.0% |
Summary: The Scituate real estate market had 23 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 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 decreased by 16.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Scituate in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Scituate, RI
How long does it take to sell a home in Scituate, RI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 33 Days | -49.8% |
Summary: Homes in Scituate had an average of 33 days on market in Mar 2024, down by 49.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Scituate; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.