$10,000 Closing Credit*
$1,999,000
1,365 SqFt
2 Beds
•2 Full Baths
#73312729, Jae Wolcott, Listing Office: The Collaborative Companies
Is South End, 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, South End was a Seller's Market.
Key Takeaway
South End is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South End, MA
How much do homes in South End, MA cost?
Median Sold Price
$1,372,500
$1,186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$97,500(+7.6%)
Key Takeaway
Homes in South End have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in South End was $1,372,500 in October 2024, up 7.6% from last year, and the median price per square foot was $1,186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $782K | $777.5K | -0.6% |
| 2 Bedrooms | $1.2M | $1.3M | +4.9% |
| 3 Bedrooms | $2.1M | $2.5M | +15.6% |
| 4 Bedrooms | $3.2M | $3.2M | -2.9% |
| 5+ Bedrooms | $3.8M | $3.3M | -12.9% |
Summary: South End housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 12.9%.
Housing Supply in South End, MA
How many homes are available in South End, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 153 | 175 | +14.4% |
Summary: The South End real estate market had 175 homes for sale in October 2024, a 14.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 39 | +8.3% |
| 2 Bedrooms | 64 | 65 | +1.6% |
| 3 Bedrooms | 39 | 56 | +43.6% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The South End housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 43.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 29 | +52.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South End, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in South End in October 2024, up by 52.6% month-over-month. Of the 29 sold homes, 55% were sold under asking, 14% were sold at asking, and 31% were sold over asking.
Days on Market for South End, MA
How long does it take to sell a home in South End, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 32 Days | -34.8% |
Summary: Homes in South End had an average of 32 days on market in Oct 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South End are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in South End; 69% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
