$3,324 Closing Credit*
$279,900
3,379 SqFt
7 Beds
•3 Full Baths
#73319925, The Ponte Group, Listing Office: Keller Williams South Watuppa
Is Pine Point, 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, Pine Point has remained a Seller's Market.
Key Takeaway
Pine Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Point, MA
How much do homes in Pine Point, MA cost?
Median Sold Price
$271,392
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,392(+4.4%)
Key Takeaway
Homes in Pine Point have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Pine Point was $271,392 in November 2024, up 4.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $246.2K | +23.1% |
| 3 Bedrooms | $250K | $267.5K | +7.0% |
| 4 Bedrooms | $285K | $318K | +11.6% |
| 5+ Bedrooms | $312.7K | $375K | +19.9% |
Summary: Pine Point 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 increased by 23.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Hill | $251.2K | $312.5K | +24.4% |
| Boston Road | $270K | $305K | +13.0% |
| Bay | $262.5K | $281.5K | +7.2% |
| Pine Point | $260K | $271.3K | +4.4% |
| Sixteen Acres | $290K | $300.3K | +3.6% |
Housing Supply in Pine Point, MA
How many homes are available in Pine Point, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 39 | -18.8% |
Summary: The Pine Point real estate market had 39 homes for sale in November 2024, a 18.8% 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 13 | 6 | -53.8% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Pine Point 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 22.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Point, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Pine Point in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% were sold over asking.
Days on Market for Pine Point, MA
How long does it take to sell a home in Pine Point, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 31 Days | -33.4% |
Summary: Homes in Pine Point had an average of 31 days on market in Nov 2024, down by 33.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Point are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Pine Point; 85% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
