$3,799 Closing Credit*
$319,900
464 SqFt
1 Bed
•1 Full Bath
#73319652, Bob DeVito, Listing Office: Cameron Real Estate Group
Is East Weymouth, 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, East Weymouth has remained a Seller's Market.
Key Takeaway
East Weymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Weymouth, MA
How much do homes in East Weymouth, MA cost?
Median Sold Price
$561,500
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,600(+4.0%)
Key Takeaway
Homes in East Weymouth have sold for 4% more than they did a year ago.
Summary: The median home sold price in East Weymouth was $561,500 in November 2024, up 4% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $312.5K | +5.9% |
| 2 Bedrooms | $443K | $379K | -14.4% |
| 3 Bedrooms | $590K | $601.5K | +1.9% |
| 4 Bedrooms | $665K | $670K | +0.8% |
| 5+ Bedrooms | $722.5K | $806K | +11.6% |
Summary: East Weymouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
| North Weymouth | $518.7K | $587.5K | +13.3% |
| Weymouth | $560K | $600K | +7.1% |
| Weymouth Town | $550K | $585.4K | +6.4% |
| East Weymouth | $539.9K | $561.5K | +4.0% |
| South Weymouth | $569K | $585K | +2.8% |
Housing Supply in East Weymouth, MA
How many homes are available in East Weymouth, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 35 | -28.6% |
Summary: The East Weymouth real estate market had 35 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 15 | 9 | -40.0% |
| 3 Bedrooms | 23 | 15 | -34.8% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Weymouth 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 decreased by 40%, 3 bedroom homes decreased by 34.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Weymouth, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in East Weymouth in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for East Weymouth, MA
How long does it take to sell a home in East Weymouth, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 28 Days | +17.0% |
Summary: Homes in East Weymouth had an average of 28 days on market in Nov 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Weymouth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in East Weymouth; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
