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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forestdale is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Forestdale was a Neutral Market.

Key Takeaway

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

Housing Prices in Forestdale, MA

How much do homes in Forestdale, MA cost?

Median Sold Price

$565,000

$384/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+1.8%)

Key Takeaway

Homes in Forestdale have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Forestdale was $565,000 in October 2024, up 1.8% from last year, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $480K$475K
-1.0%
3 $562.5K$564.5K
0.4%
4 $621.5K$640K
+3.0%
5+ --
N/A

Summary: Forestdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Buzzards Bay
+14.1%
Sandwich
+9.5%
Bourne
+8.6%
East Sandwich
+3.4%
Forestdale
+1.8%

Housing Supply in Forestdale, MA

How many homes are available in Forestdale, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1615-6.3%

Summary: The Forestdale real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 98
-11.1%
4 33
0.0%
5+ 22
0.0%

Summary: The Forestdale 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forestdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Forestdale in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Forestdale, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days48 Days+380.0%

Summary: Homes in Forestdale had an average of 48 days on market in Oct 2024, up by 380% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Forestdale; 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 16 Days Ago

Newest Listings in Forestdale, MA

Nearby Markets to Forestdale, MA

What housing markets are near Forestdale, MA?