Is Pembroke, 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, Pembroke has remained a Seller's Market.
Housing Prices in Pembroke, MA
How much do homes in Pembroke, MA cost?
Median Sold Price
$575,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pembroke was $575,000 in April 2024, up 0.2% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $370K | $385K | +4.1% |
2 Bedrooms | $438K | $512.5K | +17.0% |
3 Bedrooms | $547K | $580K | +6.0% |
4 Bedrooms | $737.5K | $750K | +1.7% |
5+ Bedrooms | $1.1M | $880K | -20.0% |
Summary: Pembroke housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 20%.
Housing Supply in Pembroke, MA
How many homes are available in Pembroke, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Summary: The Pembroke real estate market had 37 homes for sale in April 2024, a 2.8% 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 | 14 | 15 | +7.1% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 7 | 2 | -71.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pembroke 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 7.1%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Pembroke in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for Pembroke, MA
How long does it take to sell a home in Pembroke, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 19 Days | -32.1% |
Summary: Homes in Pembroke had an average of 19 days on market in Apr 2024, down by 32.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Pembroke; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.