Is Cohasset, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cohasset is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Cohasset was a Seller's Market.

Key Takeaway

Cohasset is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cohasset, MA

How much do homes in Cohasset, MA cost?

Median Sold Price

$1,392,500

$474/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+1.3%)

Key Takeaway

Homes in Cohasset have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Cohasset was $1,392,500 in November 2024, up 1.3% from last year, and the median price per square foot was $474.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K$1.2M
+206.3%
2 $615K$709K
+15.3%
3 $944K$935K
-1.0%
4 $1.3M$1.4M
+10.0%
5+ $1.9M$2.4M
+26.3%

Summary: Cohasset housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 206.3%, 2 bedroom homes increased by 15.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 26.3%.

Median Sold Price Compared To Nearby Cities

Hull
+11.9%
Hingham
+10.3%
Scituate
+2.9%
Cohasset
+1.3%

Housing Supply in Cohasset, MA

How many homes are available in Cohasset, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3433-2.9%

Summary: The Cohasset real estate market had 33 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 67
+16.7%
4 1615
-6.3%
5+ 87
-12.5%

Summary: The Cohasset housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cohasset, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Cohasset in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Cohasset, MA

How long does it take to sell a home in Cohasset, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days29 Days-54.3%

Summary: Homes in Cohasset had an average of 29 days on market in Nov 2024, down by 54.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cohasset are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Cohasset; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Cohasset, MA

Nearby Markets to Cohasset, MA

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