Is Weymouth Town, 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, Weymouth Town has remained a Seller's Market.
Housing Prices in Weymouth Town, MA
How much do homes in Weymouth Town, MA cost?
Median Sold Price
$560,714
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Weymouth Town was $560,714 in April 2024, up 7.9% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $272.5K | $295K | +8.3% |
2 Bedrooms | $392.5K | $430K | +9.6% |
3 Bedrooms | $560K | $613.7K | +9.6% |
4 Bedrooms | $627.5K | $685K | +9.2% |
5+ Bedrooms | $740K | $749.9K | +1.3% |
Summary: Weymouth Town housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 1.3%.
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% |
Weymouth | $550K | $575K | +4.5% |
North Weymouth | $530K | $512.5K | -3.3% |
Housing Supply in Weymouth Town, MA
How many homes are available in Weymouth Town, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
144 | 150 | +4.2% |
Summary: The Weymouth Town real estate market had 150 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 17 | -5.6% |
2 Bedrooms | 44 | 39 | -11.4% |
3 Bedrooms | 48 | 60 | +25.0% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Weymouth Town housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 50 | +16.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Weymouth Town in April 2024, up by 16.3% month-over-month. Of the 50 sold homes, 16% were sold under asking, 12% were sold at asking, and 72% were sold over asking.
Days on Market for Weymouth Town, MA
How long does it take to sell a home in Weymouth Town, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 28 Days | -5.7% |
Summary: Homes in Weymouth Town had an average of 28 days on market in Apr 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Weymouth Town; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.