Is Pocasset, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pocasset has remained a Seller's Market.
Key Takeaway
Pocasset is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pocasset, MA
How much do homes in Pocasset, MA cost?
Median Sold Price
$725,000
$500/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pocasset have sold for 23.4% more than they did a year ago.
Summary: The median home sold price in Pocasset was $725,000 in May 2024, up 23.4% from last year, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $389K | - | N/A |
| 2 Bedrooms | $469K | $450K | -4.1% |
| 3 Bedrooms | $589K | $712.5K | +21.0% |
| 4 Bedrooms | $865K | $1.3M | +52.0% |
| 5+ Bedrooms | $875K | $1.1M | +29.1% |
Summary: Pocasset housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 52%, and 5+ bedroom homes increased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Pocasset | $587.5K | $725K | +23.4% |
| Bourne | $549.9K | $630K | +14.6% |
| Buzzards Bay | $499.9K | $520K | +4.0% |
Housing Supply in Pocasset, MA
How many homes are available in Pocasset, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Summary: The Pocasset real estate market had 22 homes for sale in May 2024, a 29.4% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Pocasset 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 33.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pocasset, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Pocasset in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Pocasset, MA
How long does it take to sell a home in Pocasset, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 15 Days | -17.3% |
Summary: Homes in Pocasset had an average of 15 days on market in May 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
5 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 Pocasset are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Pocasset; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
