$10,000 Closing Credit*
$1,190,000
2,364 SqFt
4 Beds
•2 Full Baths
#73314093, Elaine O'Connor, Listing Office: Coldwell Banker Realty - Marblehead
Is Nahant, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Nahant was a Buyer's Market.
Key Takeaway
Nahant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nahant, MA
How much do homes in Nahant, MA cost?
Median Sold Price
$799,000
$434/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$200,500(-20.1%)
Key Takeaway
Homes in Nahant have sold for 20.1% less than they did a month ago.
Summary: The median home sold price in Nahant was $799,000 in November 2024, down 20.1% from last month, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $850K | $750K | -11.8% |
| 4 Bedrooms | $1.1M | - | N/A |
| 5+ Bedrooms | - | $2.2M | N/A |
Summary: Nahant housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Nahant, MA
How many homes are available in Nahant, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Nahant real estate market had 24 homes for sale in November 2024, a 4.3% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Nahant 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nahant, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Nahant in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Nahant, MA
How long does it take to sell a home in Nahant, MA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 Days | 53 Days | -52.1% |
Summary: Homes in Nahant had an average of 53 days on market in Nov 2024, down by 52.1% compared to last month.
Breakdown of Home Sale Times
3 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 Nahant are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Nahant; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
