$3,561 Closing Credit*
$299,900
1,364 SqFt
4 Beds
•1 Full Bath
#73318074, The Ponte Group, Listing Office: Keller Williams South Watuppa
Is Groveland, 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, Groveland has remained a Seller's Market.
Key Takeaway
Groveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Groveland, MA
How much do homes in Groveland, MA cost?
Median Sold Price
$607,500
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,500(+3.7%)
Key Takeaway
Homes in Groveland have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Groveland was $607,500 in November 2024, up 3.7% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $439.9K | $450K | +2.3% |
| 3 Bedrooms | $579K | $620K | +7.1% |
| 4 Bedrooms | $821K | $930K | +13.3% |
| 5+ Bedrooms | $755K | $725K | -4.0% |
Summary: Groveland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
| West Newbury | $740K | $894K | +20.8% |
| Haverhill | $477.4K | $520K | +8.9% |
| Groveland | $586K | $607.5K | +3.7% |
| Georgetown | $725K | $744K | +2.6% |
Housing Supply in Groveland, MA
How many homes are available in Groveland, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Summary: The Groveland real estate market had 18 homes for sale in November 2024, a 30.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Groveland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Groveland, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Groveland in November 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Groveland, MA
How long does it take to sell a home in Groveland, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 27 Days | -59.6% |
Summary: Homes in Groveland had an average of 27 days on market in Nov 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
6 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 Groveland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Groveland; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
