$4,511 Closing Credit*
$379,900
620 SqFt
1 Bed
•1 Full Bath
#73314384, Jarrod Smith, Listing Office: Romano Real Estate
Is Weymouth Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Weymouth Town has remained a Seller's Market.
Key Takeaway
Weymouth Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weymouth Town, MA
How much do homes in Weymouth Town, MA cost?
Median Sold Price
$579,975
$388/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,780(+7.6%)
Key Takeaway
Homes in Weymouth Town have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Weymouth Town was $579,975 in October 2024, up 7.6% from last year, and the median price per square foot was $388.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $305K | +13.0% |
| 2 Bedrooms | $425K | $422.5K | -0.6% |
| 3 Bedrooms | $569.9K | $625K | +9.7% |
| 4 Bedrooms | $667.5K | $695.5K | +4.2% |
| 5+ Bedrooms | $730K | $785K | +7.5% |
Summary: Weymouth Town housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Weymouth | $541K | $600K | +10.9% |
| East Weymouth | $525K | $567.5K | +8.1% |
| Weymouth Town | $539.1K | $579.9K | +7.6% |
| North Weymouth | $530K | $562.5K | +6.1% |
| South Weymouth | $555K | $587.5K | +5.8% |
Housing Supply in Weymouth Town, MA
How many homes are available in Weymouth Town, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 154 | 182 | +18.2% |
Summary: The Weymouth Town real estate market had 182 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 43 | 50 | +16.3% |
| 3 Bedrooms | 68 | 76 | +11.8% |
| 4 Bedrooms | 32 | 38 | +18.8% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Weymouth Town housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 47 | +17.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weymouth Town, you could pay more than the asking price. 48.9% of homes here sold above asking price last month.
Summary: A total of 47 homes were sold or pending in Weymouth Town in October 2024, up by 17.5% month-over-month. Of the 47 sold homes, 30% were sold under asking, 21% were sold at asking, and 49% were sold over asking.
Days on Market for Weymouth Town, MA
How long does it take to sell a home in Weymouth Town, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +24.2% |
Summary: Homes in Weymouth Town had an average of 25 days on market in Oct 2024, up by 24.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Weymouth Town are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 47 homes were sold in Weymouth Town; 70% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
