$10,000 Closing Credit*
$1,425,000
812 SqFt
1 Bed
•1 Full Bath, 1 Partial
#73320475, Cutter Luxe Living, Listing Office: Compass
Is Seaport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Seaport was a Buyer's Market.
Key Takeaway
Seaport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seaport, MA
How much do homes in Seaport, MA cost?
Median Sold Price
$1,525,000
$1,539/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$500,000(-24.7%)
Key Takeaway
Homes in Seaport have sold for 24.7% less than they did a year ago.
Summary: The median home sold price in Seaport was $1,525,000 in November 2024, down 24.7% from last year, and the median price per square foot was $1,539.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.0M | $1.1M | +9.3% |
| 2 Bedrooms | $2.1M | $1.9M | -8.1% |
| 3 Bedrooms | $3.2M | $1.9M | -38.6% |
| 4 Bedrooms | - | $1.4M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Seaport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 38.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| South Boston | $820K | $902.2K | +10.0% |
| Seaport | $2.0M | $1.5M | -24.7% |
Housing Supply in Seaport, MA
How many homes are available in Seaport, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 53 | -3.6% |
Summary: The Seaport real estate market had 53 homes for sale in November 2024, a 3.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 21 | 0.0% |
| 2 Bedrooms | 28 | 26 | -7.1% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seaport 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 7.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Seaport, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Seaport in November 2024, up by 233.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 127 Days | 53 Days | -58.1% |
Summary: Homes in Seaport had an average of 53 days on market in Nov 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seaport are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Seaport; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
