Is Georgetown, 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, Georgetown has remained a Seller's Market.
Housing Prices in Georgetown, MA
How much do homes in Georgetown, MA cost?
Median Sold Price
$755,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Georgetown was $755,000 in April 2024, up 13.5% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $233.5K | $129.5K | -44.5% |
2 Bedrooms | $462K | $677.4K | +46.6% |
3 Bedrooms | $607.5K | $661K | +8.8% |
4 Bedrooms | $903K | $825K | -8.6% |
5+ Bedrooms | $650K | $927.5K | +42.7% |
Summary: Georgetown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.5%, 2 bedroom homes increased by 46.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 42.7%.
Housing Supply in Georgetown, MA
How many homes are available in Georgetown, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Summary: The Georgetown real estate market had 22 homes for sale in April 2024, a 29.4% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Georgetown 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 50%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Georgetown in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Georgetown, MA
How long does it take to sell a home in Georgetown, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 23 Days | -10.4% |
Summary: Homes in Georgetown had an average of 23 days on market in Apr 2024, down by 10.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Georgetown; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.