Is Bristol County, 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, Bristol County has remained a Seller's Market.
Housing Prices in Bristol County, MA
How much do homes in Bristol County, MA cost?
Median Sold Price
$486,079
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bristol County was $486,079 in May 2024, up 8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206.5K | $240K | +16.2% |
2 Bedrooms | $340K | $360K | +5.9% |
3 Bedrooms | $443.7K | $479.9K | +8.2% |
4 Bedrooms | $545.9K | $592.8K | +8.6% |
5+ Bedrooms | $517.5K | $579.9K | +12.1% |
Summary: Bristol County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Counties
Providence County | $380.6K | $420K | +10.4% |
Plymouth County | $539.3K | $584.7K | +8.4% |
Bristol County | $449.9K | $486K | +8.0% |
Norfolk County | $650.8K | $700.3K | +7.6% |
Newport County | $674.5K | $715.1K | +6.0% |
Housing Supply in Bristol County, MA
How many homes are available in Bristol County, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,215 | 1,338 | +10.1% |
Summary: The Bristol County real estate market had 1,338 homes for sale in May 2024, a 10.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 23 | +4.5% |
2 Bedrooms | 202 | 238 | +17.8% |
3 Bedrooms | 515 | 532 | +3.3% |
4 Bedrooms | 260 | 303 | +16.5% |
5+ Bedrooms | 216 | 242 | +12.0% |
Summary: The Bristol County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
326 | 346 | +6.1% |
Asking Price vs. Sold Price
96 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
217 Homes Were Sold
Over Asking
Summary: A total of 346 homes were sold or pending in Bristol County in May 2024, up by 6.1% month-over-month. Of the 346 sold homes, 28% were sold under asking, 10% were sold at asking, and 63% were sold over asking.
Days on Market for Bristol County, MA
How long does it take to sell a home in Bristol County, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 30 Days | -6.3% |
Summary: Homes in Bristol County had an average of 30 days on market in May 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
267 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During May 2024, 346 homes were sold in Bristol County; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.