$10,000 Closing Credit*
$1,229,900
4,806 SqFt
4 Beds
•3 Full Baths, 1 Partial
#73318554, Michelle Bartlett, Listing Office: Success! Real Estate
Is Pembroke, 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, 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
$590,000
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,000(+3.7%)
Key Takeaway
Homes in Pembroke have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Pembroke was $590,000 in November 2024, up 3.7% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $357.5K | - | N/A |
| 2 Bedrooms | $476K | $465K | -2.3% |
| 3 Bedrooms | $569K | $577.5K | +1.5% |
| 4 Bedrooms | $675K | $787.5K | +16.7% |
| 5+ Bedrooms | $1.1M | $1.0M | -11.5% |
Summary: Pembroke housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 11.5%.
Housing Supply in Pembroke, MA
How many homes are available in Pembroke, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 51 | -16.4% |
Summary: The Pembroke real estate market had 51 homes for sale in November 2024, a 16.4% decrease 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 | 18 | 18 | 0.0% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 17 | 9 | -47.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pembroke 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 decreased by 8%, 4 bedroom homes decreased by 47.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pembroke, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Pembroke in November 2024, up by 20.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 33 Days | +27.1% |
Summary: Homes in Pembroke had an average of 33 days on market in Nov 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pembroke are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Pembroke; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
