$7,718 Closing Credit*
$649,900
1,200 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73313345, Ronald Rene, Listing Office: Vicente Realty, LLC
Is Quincy, 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, Quincy has remained a Seller's Market.
Key Takeaway
Quincy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quincy, MA
How much do homes in Quincy, MA cost?
Median Sold Price
$664,166
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$46,319(+7.5%)
Key Takeaway
Homes in Quincy have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Quincy was $664,166 in October 2024, up 7.5% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319K | $341K | +6.9% |
| 2 Bedrooms | $525K | $520K | -1.0% |
| 3 Bedrooms | $668.5K | $715K | +7.0% |
| 4 Bedrooms | $742.5K | $807.5K | +8.8% |
| 5+ Bedrooms | $900K | $1.0M | +11.1% |
Summary: Quincy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Randolph | $500K | $547.9K | +9.6% |
| Quincy | $617.8K | $664.1K | +7.5% |
| Milton | $885K | $950K | +7.3% |
| Braintree Town | $630K | $660K | +4.8% |
| Braintree | $631K | $660K | +4.6% |
Housing Supply in Quincy, MA
How many homes are available in Quincy, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 212 | 225 | +6.1% |
Summary: The Quincy real estate market had 225 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 17 | -19.0% |
| 2 Bedrooms | 62 | 80 | +29.0% |
| 3 Bedrooms | 75 | 79 | +5.3% |
| 4 Bedrooms | 31 | 30 | -3.2% |
| 5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The Quincy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 19%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 53 | -13.1% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quincy, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Quincy in October 2024, down by 13.1% month-over-month. Of the 53 sold homes, 51% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Quincy, MA
How long does it take to sell a home in Quincy, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 35 Days | +37.8% |
Summary: Homes in Quincy had an average of 35 days on market in Oct 2024, up by 37.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quincy are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 53 homes were sold in Quincy; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
