$6,768 Closing Credit*
$569,900
1,320 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73319794, Nancy Angus, Listing Office: Upper Cape Realty Corp.
Is Bourne, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$621,000
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,000(+7.4%)
Key Takeaway
Homes in Bourne have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Bourne was $621,000 in November 2024, up 7.4% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $305K | -9.0% |
| 2 Bedrooms | $409K | $510K | +24.7% |
| 3 Bedrooms | $589K | $655K | +11.2% |
| 4 Bedrooms | $710K | $725K | +2.1% |
| 5+ Bedrooms | $1.5M | $1.3M | -8.7% |
Summary: Bourne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Buzzards Bay | $470K | $548.9K | +16.8% |
| Pocasset | $642.4K | $739K | +15.0% |
| Forestdale | $545K | $600K | +10.1% |
| Bourne | $578K | $621K | +7.4% |
Housing Supply in Bourne, MA
How many homes are available in Bourne, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 107 | 83 | -22.4% |
Summary: The Bourne real estate market had 83 homes for sale in November 2024, a 22.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 28 | 24 | -14.3% |
| 3 Bedrooms | 54 | 38 | -29.6% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Bourne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 29.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bourne, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Bourne in November 2024, the same as the previous month. Of the 23 sold homes, 70% were sold under asking, 4% were sold at asking, and 26% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 37 Days | +67.9% |
Summary: Homes in Bourne had an average of 37 days on market in Nov 2024, up by 67.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bourne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Bourne; 52% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
