$3,146 Closing Credit*
$264,900
1,017 SqFt
3 Beds
•1 Full Bath
#73313305, Teamwork Realty Group, Listing Office: Teamwork Realty Group, LLC
Is Pine Point, 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, 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
$271,946
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,946(+5.0%)
Key Takeaway
Homes in Pine Point have sold for 5% more than they did a year ago.
Summary: The median home sold price in Pine Point was $271,946 in October 2024, up 5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $242.2K | +27.5% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $284.5K | $318K | +11.8% |
| 5+ Bedrooms | $312.7K | $347.5K | +11.1% |
Summary: Pine Point 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 increased by 27.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Hill | $250K | $300K | +20.0% |
| Sixteen Acres | $284.6K | $300K | +5.4% |
| Pine Point | $259K | $271.9K | +5.0% |
| Boston Road | $282.5K | $288K | +1.9% |
Housing Supply in Pine Point, MA
How many homes are available in Pine Point, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 43 | +4.9% |
Summary: The Pine Point real estate market had 43 homes for sale in October 2024, a 4.9% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Pine Point 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 decreased by 12.5%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Point, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Pine Point in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 31 Days | -1.6% |
Summary: Homes in Pine Point had an average of 31 days on market in Oct 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 11 homes were sold in Pine Point; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
