$4,749 Closing Credit*
$399,900
1,404 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73314311, Jeanne Hickey, Listing Office: HomeSmart First Class Realty
Is Pembroke, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pembroke has remained a Seller's Market.
Key Takeaway
Pembroke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pembroke, MA
How much do homes in Pembroke, MA cost?
Median Sold Price
$585,500
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,500(+4.6%)
Key Takeaway
Homes in Pembroke have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Pembroke was $585,500 in October 2024, up 4.6% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $357.5K | - | N/A |
| 2 Bedrooms | $475K | $470K | -1.1% |
| 3 Bedrooms | $551K | $575K | +4.4% |
| 4 Bedrooms | $690K | $780.7K | +13.2% |
| 5+ Bedrooms | $1.2M | $1.0M | -21.6% |
Summary: Pembroke housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 21.6%.
Housing Supply in Pembroke, MA
How many homes are available in Pembroke, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 54 | +3.8% |
Summary: The Pembroke real estate market had 54 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 12 | 18 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pembroke housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pembroke, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Pembroke in October 2024, up by 14.3% month-over-month. Of the 16 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Pembroke, MA
How long does it take to sell a home in Pembroke, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 23 Days | +21.1% |
Summary: Homes in Pembroke had an average of 23 days on market in Oct 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pembroke are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Pembroke; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
