Is Bridgewater, 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, Bridgewater has remained a Seller's Market.
Key Takeaway
Bridgewater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgewater, MA
How much do homes in Bridgewater, MA cost?
Median Sold Price
$566,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bridgewater have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Bridgewater was $566,000 in April 2024, up 2.9% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $228K | +9.6% |
| 2 Bedrooms | $313K | $340K | +8.6% |
| 3 Bedrooms | $550K | $570K | +3.6% |
| 4 Bedrooms | $670K | $695K | +3.7% |
| 5+ Bedrooms | $649.4K | $680K | +4.7% |
Summary: Bridgewater housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
| East Bridgewater | $462.5K | $505K | +9.2% |
| Middleborough | $483.5K | $515K | +6.5% |
| Halifax | $450K | $475K | +5.6% |
| West Bridgewater | $507.5K | $528K | +4.0% |
| Bridgewater | $550K | $566K | +2.9% |
Housing Supply in Bridgewater, MA
How many homes are available in Bridgewater, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 64 | -1.5% |
Summary: The Bridgewater real estate market had 64 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 | 3 | 2 | -33.3% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 20 | 15 | -25.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Bridgewater housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 30%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 11 | -57.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgewater, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Bridgewater in April 2024, down by 57.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for Bridgewater, MA
How long does it take to sell a home in Bridgewater, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 25 Days | -17.7% |
Summary: Homes in Bridgewater had an average of 25 days on market in Apr 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgewater are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Bridgewater; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
