Is Cohasset, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cohasset was a Buyer's Market.
Key Takeaway
Cohasset is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cohasset, MA
How much do homes in Cohasset, MA cost?
Median Sold Price
$1,367,500
$473/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cohasset have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Cohasset was $1,367,500 in April 2024, up 13.7% from last year, and the median price per square foot was $473.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $370K | -26.0% |
| 2 Bedrooms | $705K | $550K | -22.0% |
| 3 Bedrooms | $1.0M | $944K | -5.6% |
| 4 Bedrooms | $1.4M | $1.3M | -6.8% |
| 5+ Bedrooms | $1.9M | $2.0M | +5.6% |
Summary: Cohasset housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes decreased by 22%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Cohasset, MA
How many homes are available in Cohasset, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 37 | +37.0% |
Summary: The Cohasset real estate market had 37 homes for sale in April 2024, a 37.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Cohasset 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 150%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cohasset, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Cohasset in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Cohasset, MA
How long does it take to sell a home in Cohasset, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 49 Days | +223.5% |
Summary: Homes in Cohasset had an average of 49 days on market in Apr 2024, up by 223.5% 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
Key Takeaway
Many homes in Cohasset are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Cohasset; 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.
