$4,511 Closing Credit*
$379,900
1,072 SqFt
3 Beds
•1 Full Bath
#73314513, George Raymond II, Listing Office: Raymond & Son REALTORS®
Is Braintree Town, 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, Braintree Town has remained a Seller's Market.
Key Takeaway
Braintree Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Braintree Town, MA
How much do homes in Braintree Town, MA cost?
Median Sold Price
$660,000
$394/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+4.8%)
Key Takeaway
Homes in Braintree Town have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Braintree Town was $660,000 in October 2024, up 4.8% from last year, and the median price per square foot was $394.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $360K | -12.2% |
| 2 Bedrooms | $460K | $460K | 0.0% |
| 3 Bedrooms | $629K | $664.5K | +5.6% |
| 4 Bedrooms | $750K | $810K | +8.0% |
| 5+ Bedrooms | $862.5K | $901.5K | +4.5% |
Summary: Braintree Town housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Weymouth | $541K | $600K | +10.9% |
| Randolph | $500K | $547.9K | +9.6% |
| Weymouth Town | $539.1K | $579.9K | +7.6% |
| Braintree Town | $630K | $660K | +4.8% |
| Braintree | $631K | $660K | +4.6% |
Housing Supply in Braintree Town, MA
How many homes are available in Braintree Town, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 89 | -3.3% |
Summary: The Braintree Town real estate market had 89 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 25 | 19 | -24.0% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Braintree Town 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 24%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Braintree Town, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Braintree Town in October 2024, up by 28.0% month-over-month. Of the 32 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.
Days on Market for Braintree Town, MA
How long does it take to sell a home in Braintree Town, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 28 Days | +25.9% |
Summary: Homes in Braintree Town had an average of 28 days on market in Oct 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Braintree Town are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Braintree Town; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
