Is Bourne, 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, Bourne has remained a Seller's Market.
Housing Prices in Bourne, MA
How much do homes in Bourne, MA cost?
Median Sold Price
$625,000
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bourne was $625,000 in April 2024, up 13.7% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $334K | +11.3% |
2 Bedrooms | $475K | $454K | -4.4% |
3 Bedrooms | $550K | $650K | +18.2% |
4 Bedrooms | $665.5K | $730K | +9.7% |
5+ Bedrooms | $1.0M | $950K | -9.5% |
Summary: Bourne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
Pocasset | $589K | $725K | +23.1% |
Bourne | $549.9K | $625K | +13.7% |
Forestdale | $545K | $555K | +1.8% |
Buzzards Bay | $505K | $502.5K | -0.5% |
Housing Supply in Bourne, MA
How many homes are available in Bourne, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 67 | -1.5% |
Summary: The Bourne real estate market had 67 homes for sale in April 2024, a 1.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bourne 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 4.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 21 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Bourne in April 2024, up by 75.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 14% were sold at asking, and 62% were sold over asking.
Days on Market for Bourne, MA
How long does it take to sell a home in Bourne, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 39 Days | -39.3% |
Summary: Homes in Bourne had an average of 39 days on market in Apr 2024, down by 39.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Bourne; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.