$8,016 Closing Credit*
$675,000
1,650 SqFt
3 Beds
•2 Full Baths
#73320309, The Equity Group, Listing Office: Lock and Key Realty Inc.
Is North Weymouth, 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, North Weymouth has remained a Seller's Market.
Key Takeaway
North Weymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Weymouth, MA
How much do homes in North Weymouth, MA cost?
Median Sold Price
$587,500
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$68,750(+13.3%)
Key Takeaway
Homes in North Weymouth have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in North Weymouth was $587,500 in November 2024, up 13.3% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $325.4K | 0.1% |
| 2 Bedrooms | $460K | $487.5K | +6.0% |
| 3 Bedrooms | $545K | $625K | +14.7% |
| 4 Bedrooms | $655K | $629.5K | -3.9% |
| 5+ Bedrooms | $735K | $750K | +2.0% |
Summary: North Weymouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| North Weymouth | $518.7K | $587.5K | +13.3% |
| Hingham | $1.0M | $1.2M | +10.3% |
| Weymouth Town | $550K | $585.4K | +6.4% |
| East Weymouth | $539.9K | $561.5K | +4.0% |
| Braintree | $632K | $653.3K | +3.4% |
Housing Supply in North Weymouth, MA
How many homes are available in North Weymouth, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The North Weymouth real estate market had 34 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North Weymouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Weymouth, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in North Weymouth in November 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for North Weymouth, MA
How long does it take to sell a home in North Weymouth, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -12.8% |
Summary: Homes in North Weymouth had an average of 28 days on market in Nov 2024, down by 12.8% compared to last year.
Breakdown of Home Sale Times
8 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 North Weymouth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in North Weymouth; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
