$7,480 Closing Credit*
$629,900
1,440 SqFt
4 Beds
•2 Full Baths
#73317136, Andrew Hillman, Listing Office: Hillman Real Estate
Is Weymouth, 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, Weymouth has remained a Seller's Market.
Key Takeaway
Weymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weymouth, MA
How much do homes in Weymouth, MA cost?
Median Sold Price
$600,000
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+7.1%)
Key Takeaway
Homes in Weymouth have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Weymouth was $600,000 in November 2024, up 7.1% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $213K | -0.9% |
| 2 Bedrooms | $485.5K | $510K | +5.0% |
| 3 Bedrooms | $572.4K | $605K | +5.7% |
| 4 Bedrooms | $584.5K | $690K | +18.0% |
| 5+ Bedrooms | $730K | $1.0M | +37.0% |
Summary: Weymouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 37%.
Median Sold Price Compared To Nearby Cities
| Weymouth | $560K | $600K | +7.1% |
| Weymouth Town | $550K | $585.4K | +6.4% |
| East Weymouth | $539.9K | $561.5K | +4.0% |
| Braintree Town | $632K | $653.3K | +3.4% |
| South Weymouth | $569K | $585K | +2.8% |
Housing Supply in Weymouth, MA
How many homes are available in Weymouth, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 30 | -33.3% |
Summary: The Weymouth real estate market had 30 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 0 | -100.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 23 | 16 | -30.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Weymouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weymouth, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Weymouth in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for Weymouth, MA
How long does it take to sell a home in Weymouth, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 26 Days | -18.7% |
Summary: Homes in Weymouth had an average of 26 days on market in Nov 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Weymouth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Weymouth; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
