$8,301 Closing Credit*
$699,000
1,428 SqFt
3 Beds
•2 Full Baths
#73320500, Daniel Direnzo, Listing Office: Realty Choice, Inc.
Is Braintree, 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, Braintree has remained a Seller's Market.
Key Takeaway
Braintree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Braintree, MA
How much do homes in Braintree, MA cost?
Median Sold Price
$653,333
$398/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,333(+3.4%)
Key Takeaway
Homes in Braintree have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Braintree was $653,333 in November 2024, up 3.4% from last year, and the median price per square foot was $398.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $360K | -12.2% |
| 2 Bedrooms | $465K | $457.5K | -1.6% |
| 3 Bedrooms | $629K | $660K | +4.9% |
| 4 Bedrooms | $774.5K | $800K | +3.3% |
| 5+ Bedrooms | $865K | $869K | 0.5% |
Summary: Braintree housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Randolph | $500K | $550K | +10.0% |
| Quincy | $620.2K | $670.2K | +8.1% |
| Weymouth | $560K | $600K | +7.1% |
| Braintree | $632K | $653.3K | +3.4% |
| Braintree Town | $632K | $653.3K | +3.4% |
Housing Supply in Braintree, MA
How many homes are available in Braintree, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 70 | -23.1% |
Summary: The Braintree real estate market had 70 homes for sale in November 2024, a 23.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 21 | 15 | -28.6% |
| 3 Bedrooms | 37 | 30 | -18.9% |
| 4 Bedrooms | 18 | 12 | -33.3% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Braintree housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 25 | -26.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Braintree, you could pay more than the asking price. 56% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Braintree in November 2024, down by 26.5% month-over-month. Of the 25 sold homes, 32% were sold under asking, 12% were sold at asking, and 56% were sold over asking.
Days on Market for Braintree, MA
How long does it take to sell a home in Braintree, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 22 Days | -33.0% |
Summary: Homes in Braintree had an average of 22 days on market in Nov 2024, down by 33% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Braintree are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in Braintree; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
