$6,709 Closing Credit*
$565,000
1,168 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73313063, Tanya Chadwick, Listing Office: Today Real Estate, Inc.
Is Bourne, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bourne has remained a Seller's Market.
Key Takeaway
Bourne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bourne, MA
How much do homes in Bourne, MA cost?
Median Sold Price
$624,650
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,650(+8.6%)
Key Takeaway
Homes in Bourne have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Bourne was $624,650 in October 2024, up 8.6% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322.5K | $333K | +3.3% |
| 2 Bedrooms | $397.5K | $513K | +29.1% |
| 3 Bedrooms | $575K | $660K | +14.8% |
| 4 Bedrooms | $730K | $715K | -2.1% |
| 5+ Bedrooms | $1.2M | $1.3M | +11.8% |
Summary: Bourne housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 29.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
| Pocasset | $612.5K | $725K | +18.4% |
| Buzzards Bay | $475K | $542K | +14.1% |
| Bourne | $575K | $624.6K | +8.6% |
| Forestdale | $555K | $565K | +1.8% |
Housing Supply in Bourne, MA
How many homes are available in Bourne, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 100 | 103 | +3.0% |
Summary: The Bourne real estate market had 103 homes for sale in October 2024, a 3.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 33 | 28 | -15.2% |
| 3 Bedrooms | 43 | 53 | +23.3% |
| 4 Bedrooms | 15 | 10 | -33.3% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Bourne housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 23.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bourne, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Bourne in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 32% were sold under asking, 36% were sold at asking, and 32% were sold over asking.
Days on Market for Bourne, MA
How long does it take to sell a home in Bourne, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 35 Days | +13.0% |
Summary: Homes in Bourne had an average of 35 days on market in Oct 2024, up by 13% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bourne are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in Bourne; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
