$10,000 Closing Credit*
$2,150,000
1,054 SqFt
1 Bed
•2 Full Baths
#73304553, Karen Christie, Listing Office: Douglas Elliman Real Estate - Park Plaza
Is Waterfront, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Waterfront has remained a Buyer'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
$1,565,000
$1,194/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$355,000(+29.3%)
Key Takeaway
Homes in Waterfront have sold for 29.3% more than they did a month ago.
Summary: The median home sold price in Waterfront was $1,565,000 in October 2024, up 29.3% from last month, and the median price per square foot was $1,194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $917.5K | - | N/A |
| 2 Bedrooms | $1.4M | $1.5M | +6.6% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Waterfront housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Financial District | $2.1M | $2.9M | +36.3% |
| Waterfront | $1.2M | $1.5M | +29.3% |
Housing Supply in Waterfront, MA
How many homes are available in Waterfront, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The Waterfront real estate market had 27 homes for sale in October 2024, a 6.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 15 | -6.3% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 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 October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was 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 1 homes were sold or pending in Waterfront in October 2024, down by 75.0% month-over-month. Of the 1 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 96 Days | +82.0% |
Summary: Homes in Waterfront had an average of 96 days on market in Oct 2024, up by 82% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 October 2024, 1 homes were sold in Waterfront; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
