$10,000 Closing Credit*
$2,395,000
1,266 SqFt
2 Beds
•2 Full Baths, 1 Partial
#73313799, Team Ferrari, Listing Office: Ferrari + Co. Real Estate
Is Seaport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Seaport was a Neutral Market.
Key Takeaway
Seaport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Seaport, MA
How much do homes in Seaport, MA cost?
Median Sold Price
$1,537,500
$1,521/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$87,500(-5.4%)
Key Takeaway
Homes in Seaport have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Seaport was $1,537,500 in October 2024, down 5.4% from last year, and the median price per square foot was $1,521.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $949K | $1.1M | +24.3% |
| 2 Bedrooms | $2.1M | $2.0M | -4.1% |
| 3 Bedrooms | $3.3M | $2.2M | -33.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Seaport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.3%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 33.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| South Boston | $800.2K | $900K | +12.5% |
| Seaport | $1.6M | $1.5M | -5.4% |
Housing Supply in Seaport, MA
How many homes are available in Seaport, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 58 | +28.9% |
Summary: The Seaport real estate market had 58 homes for sale in October 2024, a 28.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 21 | +23.5% |
| 2 Bedrooms | 21 | 29 | +38.1% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seaport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.5%, 2 bedroom homes increased by 38.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seaport, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Seaport in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Seaport, MA
How long does it take to sell a home in Seaport, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 152 Days | +98.7% |
Summary: Homes in Seaport had an average of 152 days on market in Oct 2024, up by 98.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Seaport are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Seaport; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
