$10,000 Closing Credit*
$949,000
1,226 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73318507, The Ivy Team, Listing Office: Keller Williams Realty Boston-Metro | Back Bay
Is Waterfront, 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, Waterfront was a Seller's Market.
Key Takeaway
Waterfront is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waterfront, MA
How much do homes in Waterfront, MA cost?
Median Sold Price
$1,097,500
$973/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$50,000(-4.4%)
Key Takeaway
Homes in Waterfront have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Waterfront was $1,097,500 in November 2024, down 4.4% from last year, and the median price per square foot was $973.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $857.5K | $759.5K | -11.4% |
| 2 Bedrooms | $1.8M | $1.5M | -17.4% |
| 3 Bedrooms | $4.4M | $3.5M | -20.2% |
| 4 Bedrooms | - | $3.9M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Waterfront housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown | $1.5M | $1.5M | +4.3% |
| Waterfront | $1.1M | $1.0M | -4.4% |
Housing Supply in Waterfront, MA
How many homes are available in Waterfront, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Waterfront real estate market had 22 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Waterfront 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 remained the same, 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 |
|---|---|---|
| 2 | 3 | +50.0% |
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 Waterfront, 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 Waterfront in November 2024, up by 50.0% 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 Waterfront, MA
How long does it take to sell a home in Waterfront, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 108 Days | 121 Days | +12.0% |
Summary: Homes in Waterfront had an average of 121 days on market in Nov 2024, up by 12% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Waterfront are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Waterfront; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
