$10,000 Closing Credit*
$1,199,900
3,096 SqFt
3 Beds
•4 Full Baths, 1 Partial
#73320162, Janice Burke, Listing Office: Advisors Living - Wellesley
Is Natick, 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, Natick has remained a Seller's Market.
Key Takeaway
Natick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Natick, MA
How much do homes in Natick, MA cost?
Median Sold Price
$859,500
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,500(+3.7%)
Key Takeaway
Homes in Natick have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Natick was $859,500 in November 2024, up 3.7% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $329.9K | +10.0% |
| 2 Bedrooms | $561.5K | $625K | +11.3% |
| 3 Bedrooms | $715K | $796K | +11.3% |
| 4 Bedrooms | $1.0M | $1.0M | +1.3% |
| 5+ Bedrooms | $1.5M | $1.7M | +7.3% |
Summary: Natick housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
| Wellesley | $1.7M | $2.0M | +18.8% |
| Sherborn | $1.1M | $1.2M | +12.0% |
| Framingham | $617K | $650K | +5.3% |
| Natick | $829K | $859.5K | +3.7% |
| Dover | $1.7M | $1.6M | -4.2% |
Housing Supply in Natick, MA
How many homes are available in Natick, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 117 | 101 | -13.7% |
Summary: The Natick real estate market had 101 homes for sale in November 2024, a 13.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 39 | 35 | -10.3% |
| 4 Bedrooms | 42 | 38 | -9.5% |
| 5+ Bedrooms | 25 | 20 | -20.0% |
Summary: The Natick 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 37.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Natick, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Natick in November 2024, up by 11.1% month-over-month. Of the 30 sold homes, 47% were sold under asking, 10% were sold at asking, and 43% were sold over asking.
Days on Market for Natick, MA
How long does it take to sell a home in Natick, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +18.0% |
Summary: Homes in Natick had an average of 29 days on market in Nov 2024, up by 18% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Natick are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in Natick; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
