Is Halifax, 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, Halifax has remained a Seller's Market.
Key Takeaway
Halifax is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Halifax, MA
How much do homes in Halifax, MA cost?
Median Sold Price
$475,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Halifax have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Halifax was $475,000 in April 2024, up 5.6% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $307.5K | -6.8% |
| 2 Bedrooms | $350K | $358.5K | +2.4% |
| 3 Bedrooms | $510K | $509K | -0.2% |
| 4 Bedrooms | $627K | $592.5K | -5.5% |
| 5+ Bedrooms | $493.5K | $690K | +39.8% |
Summary: Halifax housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 39.8%.
Median Sold Price Compared To Nearby Cities
| Hanson | $483.7K | $557.4K | +15.2% |
| Middleborough | $483.5K | $515K | +6.5% |
| Halifax | $450K | $475K | +5.6% |
| Bridgewater | $550K | $566K | +2.9% |
Housing Supply in Halifax, MA
How many homes are available in Halifax, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Halifax real estate market had 21 homes for sale in April 2024, a 5.0% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Halifax 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Halifax, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Halifax in April 2024, up by 200.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Halifax, MA
How long does it take to sell a home in Halifax, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 36 Days | -40.7% |
Summary: Homes in Halifax had an average of 36 days on market in Apr 2024, down by 40.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Halifax are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Halifax; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
