Is Halifax, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Halifax has remained a Seller's Market.
Key Takeaway
Halifax is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Halifax, MA
How much do homes in Halifax, MA cost?
Median Sold Price
$485,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Halifax have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Halifax was $485,000 in May 2024, up 7.8% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $307.5K | -6.8% |
| 2 Bedrooms | $350K | $360K | +2.9% |
| 3 Bedrooms | $500K | $517.5K | +3.5% |
| 4 Bedrooms | $600K | $600K | 0.0% |
| 5+ Bedrooms | $493.5K | $712.5K | +44.4% |
Summary: Halifax housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 44.4%.
Median Sold Price Compared To Nearby Cities
| Hanson | $490K | $560K | +14.3% |
| Halifax | $449.9K | $485K | +7.8% |
| Plympton | $585K | $630K | +7.7% |
| Middleborough | $486K | $522.4K | +7.5% |
| Bridgewater | $559.2K | $566K | +1.2% |
Housing Supply in Halifax, MA
How many homes are available in Halifax, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Halifax real estate market had 17 homes for sale in May 2024, a 15.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Halifax housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Halifax, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Halifax in May 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Halifax, MA
How long does it take to sell a home in Halifax, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 48 Days | +165.6% |
Summary: Homes in Halifax had an average of 48 days on market in May 2024, up by 165.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Halifax are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Halifax; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
