$10,000 Closing Credit*
$1,135,000
2,336 SqFt
3 Beds
•2 Full Baths
#73312383, Maryann Clancy, Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
Is Sherborn, 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, 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
$1,287,500
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$137,500(+12.0%)
Key Takeaway
Homes in Sherborn have sold for 12% more than they did a year ago.
Summary: The median home sold price in Sherborn was $1,287,500 in November 2024, up 12% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $905K | $727.5K | -19.6% |
| 3 Bedrooms | $772.5K | $955K | +23.6% |
| 4 Bedrooms | $1.2M | $1.3M | +2.0% |
| 5+ Bedrooms | $1.8M | $1.9M | +1.3% |
Summary: Sherborn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 1.3%.
Housing Supply in Sherborn, MA
How many homes are available in Sherborn, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Sherborn real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sherborn 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sherborn, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sherborn in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 36 Days | +452.9% |
Summary: Homes in Sherborn had an average of 36 days on market in Nov 2024, up by 452.9% compared to last year.
Breakdown of Home Sale Times
4 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 November 2024, 7 homes were sold in Sherborn; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
