$8,301 Closing Credit*
$699,000
1,428 SqFt
3 Beds
•2 Full Baths
#73320500, Daniel Direnzo, Listing Office: Realty Choice, Inc.
Is Braintree Town, 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 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
$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 Town have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Braintree Town 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 Town 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% |
| Weymouth | $560K | $600K | +7.1% |
| Weymouth Town | $550K | $585.4K | +6.4% |
| Braintree Town | $632K | $653.3K | +3.4% |
| Braintree | $632K | $653.3K | +3.4% |
Housing Supply in Braintree Town, MA
How many homes are available in Braintree Town, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 70 | -23.1% |
Summary: The Braintree Town 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 Town 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 Town, 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 Town 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 Town, MA
How long does it take to sell a home in Braintree Town, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 22 Days | -33.0% |
Summary: Homes in Braintree Town 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 Town are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in Braintree Town; 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.
