Is Truro, 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, Truro has remained a Seller's Market.
Housing Prices in Truro, MA
How much do homes in Truro, MA cost?
Median Sold Price
$775,000
$707/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Truro was $775,000 in April 2024, down 11.9% from last year, and the median price per square foot was $707.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $418K | $320K | -23.4% |
2 Bedrooms | $658.7K | $655K | -0.6% |
3 Bedrooms | $1.0M | $910K | -9.0% |
4 Bedrooms | $1.4M | $2.0M | +39.6% |
5+ Bedrooms | - | $1.5M | N/A |
Summary: Truro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 39.6%, and 5+ bedroom homes did not change.
Housing Supply in Truro, MA
How many homes are available in Truro, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Summary: The Truro real estate market had 5 homes for sale in April 2024, a 25.0% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Truro 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Truro in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Truro, MA
How long does it take to sell a home in Truro, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 92 Days | +496.8% |
Summary: Homes in Truro had an average of 92 days on market in Apr 2024, up by 496.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Truro; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.