Is Scituate, 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, Scituate has remained a Seller's Market.
Key Takeaway
Scituate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scituate, MA
How much do homes in Scituate, MA cost?
Median Sold Price
$850,000
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Scituate have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Scituate was $850,000 in April 2024, down 1.4% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $505K | +1.0% |
| 2 Bedrooms | $775K | $718.5K | -7.3% |
| 3 Bedrooms | $765K | $825K | +7.8% |
| 4 Bedrooms | $1.2M | $995K | -18.3% |
| 5+ Bedrooms | $1.5M | $1.4M | -8.4% |
Summary: Scituate housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Marshfield | $645K | $742.5K | +15.1% |
| Cohasset | $1.2M | $1.3M | +13.7% |
| Hingham | $1.1M | $1.1M | +2.3% |
| Scituate | $862.5K | $850K | -1.4% |
Housing Supply in Scituate, MA
How many homes are available in Scituate, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 57 | +16.3% |
Summary: The Scituate real estate market had 57 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Scituate housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 18 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scituate, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Scituate in April 2024, up by 100.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 11% were sold at asking, and 39% were sold over asking.
Days on Market for Scituate, MA
How long does it take to sell a home in Scituate, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 44 Days | +72.0% |
Summary: Homes in Scituate had an average of 44 days on market in Apr 2024, up by 72% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scituate are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Scituate; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
