$5,926 Closing Credit*
$499,000
884 SqFt
3 Beds
•1 Full Bath
#73320210, Linda Glennon, Listing Office: Conway - Hanover
Is Quincy, 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, 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
$670,200
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,990(+8.1%)
Key Takeaway
Homes in Quincy have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Quincy was $670,200 in November 2024, up 8.1% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320.8K | $341K | +6.3% |
| 2 Bedrooms | $524.5K | $538.2K | +2.6% |
| 3 Bedrooms | $671.5K | $715K | +6.5% |
| 4 Bedrooms | $728K | $835K | +14.7% |
| 5+ Bedrooms | $900K | $1.0M | +12.5% |
Summary: Quincy housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Randolph | $500K | $550K | +10.0% |
| Quincy | $620.2K | $670.2K | +8.1% |
| Milton | $900K | $960K | +6.7% |
| Braintree | $632K | $653.3K | +3.4% |
| Braintree Town | $632K | $653.3K | +3.4% |
Housing Supply in Quincy, MA
How many homes are available in Quincy, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 231 | 188 | -18.6% |
Summary: The Quincy real estate market had 188 homes for sale in November 2024, a 18.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 17 | -10.5% |
| 2 Bedrooms | 81 | 65 | -19.8% |
| 3 Bedrooms | 78 | 61 | -21.8% |
| 4 Bedrooms | 28 | 23 | -17.9% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The Quincy housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.5%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 21.8%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 50 | -19.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quincy, you could pay more than the asking price. 52% of homes here sold above asking price last month.
Summary: A total of 50 homes were sold or pending in Quincy in November 2024, down by 19.4% month-over-month. Of the 50 sold homes, 30% were sold under asking, 18% were sold at asking, and 52% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 25 Days | +6.0% |
Summary: Homes in Quincy had an average of 25 days on market in Nov 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Quincy are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 50 homes were sold in Quincy; 76% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
