Is Weymouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Weymouth was a Neutral Market.
Housing Prices in Weymouth, MA
How much do homes in Weymouth, MA cost?
Median Sold Price
$575,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Weymouth was $575,000 in April 2024, up 4.5% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $225K | +4.7% |
2 Bedrooms | $460K | $500K | +8.7% |
3 Bedrooms | $565K | $595K | +5.3% |
4 Bedrooms | $583.3K | $628.8K | +7.8% |
5+ Bedrooms | $629K | $859K | +36.6% |
Summary: Weymouth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 36.6%.
Median Sold Price Compared To Nearby Cities
East Weymouth | $445K | $560K | +25.8% |
South Weymouth | $528.3K | $582.5K | +10.3% |
Weymouth Town | $519.8K | $560.7K | +7.9% |
Braintree Town | $618.3K | $650K | +5.1% |
Weymouth | $550K | $575K | +4.5% |
Housing Supply in Weymouth, MA
How many homes are available in Weymouth, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 35 | 0.0% |
Summary: The Weymouth real estate market had 35 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Weymouth 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 decreased by 18.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Weymouth in April 2024, up by 44.4% month-over-month. Of the 13 sold homes, 8% were sold under asking, 8% were sold at asking, and 85% were sold over asking.
Days on Market for Weymouth, MA
How long does it take to sell a home in Weymouth, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 18 Days | -21.7% |
Summary: Homes in Weymouth had an average of 18 days on market in Apr 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Weymouth; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.