Is Centerville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Centerville was a Seller's Market.
Housing Prices in Centerville, MA
How much do homes in Centerville, MA cost?
Median Sold Price
$645,000
$408/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Centerville was $645,000 in May 2024, up 10.6% from last year, and the median price per square foot was $408.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $376.9K | $140K | -62.9% |
2 Bedrooms | $450.4K | $520K | +15.5% |
3 Bedrooms | $589.9K | $645K | +9.3% |
4 Bedrooms | $762K | $735K | -3.5% |
5+ Bedrooms | $1.6M | $1.2M | -21.5% |
Summary: Centerville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.9%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 21.5%.
Median Sold Price Compared To Nearby Cities
Hyannis | $440K | $500K | +13.6% |
Centerville | $583K | $645K | +10.6% |
Barnstable Town | $601.4K | $630.3K | +4.8% |
Marstons Mills | $635K | $618.5K | -2.6% |
Osterville | $1.2M | $942.5K | -25.3% |
Housing Supply in Centerville, MA
How many homes are available in Centerville, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 46 | +17.9% |
Summary: The Centerville real estate market had 46 homes for sale in May 2024, a 17.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Centerville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Centerville in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Centerville, MA
How long does it take to sell a home in Centerville, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 63 Days | +122.2% |
Summary: Homes in Centerville had an average of 63 days on market in May 2024, up by 122.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Centerville; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.