$6,282 Closing Credit*
$529,000
1,132 SqFt
2 Beds
•2 Full Baths
#73306194, Tempel Realty Group, Listing Office: Gibson Sotheby's International Realty
Is Sherborn, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Sherborn has remained a Seller's Market.
Key Takeaway
Sherborn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sherborn, MA
How much do homes in Sherborn, MA cost?
Median Sold Price
$1,300,000
$413/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$191,000(+17.2%)
Key Takeaway
Homes in Sherborn have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Sherborn was $1,300,000 in September 2024, up 17.2% from last year, and the median price per square foot was $413.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $870K | $727.5K | -16.4% |
| 3 Bedrooms | $772.5K | $1.0M | +35.6% |
| 4 Bedrooms | $1.3M | $1.3M | -0.4% |
| 5+ Bedrooms | $1.7M | $2.0M | +15.1% |
Summary: Sherborn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 35.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in Sherborn, MA
How many homes are available in Sherborn, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Sherborn real estate market had 26 homes for sale in September 2024, a 13.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Sherborn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sherborn, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sherborn in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sherborn, MA
How long does it take to sell a home in Sherborn, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 50 Days | 41 Days | -18.1% |
Summary: Homes in Sherborn had an average of 41 days on market in Sep 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sherborn are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Sherborn; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
