Is Jeffries Point, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jeffries Point is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Jeffries Point was a Buyer's Market.

Key Takeaway

Jeffries Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jeffries Point, MA

How much do homes in Jeffries Point, MA cost?

Median Sold Price

$695,500

$681/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,500(-1.3%)

Key Takeaway

Homes in Jeffries Point have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Jeffries Point was $695,500 in November 2024, down 1.3% from last year, and the median price per square foot was $681.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $530.7K$520K
-2.0%
2 $715K$724.5K
+1.3%
3 $819.5K$710K
-13.4%
4 $1.4M$905K
-35.8%
5+ $1.1M$1.1M
+6.9%

Summary: Jeffries Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes decreased by 35.8%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Neighborhoods

East Boston
+6.5%
Jeffries Point
-1.3%

Housing Supply in Jeffries Point, MA

How many homes are available in Jeffries Point, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4644-4.3%

Summary: The Jeffries Point real estate market had 44 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 810
+25.0%
2 2017
-15.0%
3 1010
0.0%
4 32
-33.3%
5+ 55
0.0%

Summary: The Jeffries Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 15%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jeffries Point, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jeffries Point in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Jeffries Point, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days29 Days-33.6%

Summary: Homes in Jeffries Point had an average of 29 days on market in Nov 2024, down by 33.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Jeffries Point; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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

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