$8,906 Closing Credit*
$750,000
2,500 SqFt
6 Beds
•3 Full Baths
#73312221, Marie Paulsen, Listing Office: Keller Williams Realty
Is East Weymouth, 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, 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
$567,500
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+8.1%)
Key Takeaway
Homes in East Weymouth have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in East Weymouth was $567,500 in October 2024, up 8.1% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.4K | $312.5K | +8.7% |
| 2 Bedrooms | $422K | $405K | -4.0% |
| 3 Bedrooms | $560K | $622.5K | +11.2% |
| 4 Bedrooms | $632.5K | $672.5K | +6.3% |
| 5+ Bedrooms | $722.5K | $806K | +11.6% |
Summary: East Weymouth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
| Weymouth | $541K | $600K | +10.9% |
| East Weymouth | $525K | $567.5K | +8.1% |
| Weymouth Town | $539.1K | $579.9K | +7.6% |
| North Weymouth | $530K | $562.5K | +6.1% |
| South Weymouth | $555K | $587.5K | +5.8% |
Housing Supply in East Weymouth, MA
How many homes are available in East Weymouth, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 45 | +18.4% |
Summary: The East Weymouth real estate market had 45 homes for sale in October 2024, a 18.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 15 | +87.5% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Weymouth 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 increased by 87.5%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were 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 October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 28 Days | +20.2% |
Summary: Homes in East Weymouth had an average of 28 days on market in Oct 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Weymouth are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in East Weymouth; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
