$6,876 Closing Credit*
$579,000
973 SqFt
2 Beds
•2 Full Baths
#73307851, Dot Collection, Listing Office: Access
Is Weymouth Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$579,503
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$49,503(+9.3%)
Key Takeaway
Homes in Weymouth Town have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Weymouth Town was $579,503 in September 2024, up 9.3% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $310K | +21.6% |
| 2 Bedrooms | $414.5K | $421.2K | +1.6% |
| 3 Bedrooms | $565K | $617.9K | +9.4% |
| 4 Bedrooms | $659K | $707.7K | +7.4% |
| 5+ Bedrooms | $722.5K | $785K | +8.7% |
Summary: Weymouth Town housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| South Weymouth | $510K | $587.5K | +15.2% |
| East Weymouth | $520.5K | $575K | +10.5% |
| Weymouth Town | $530K | $579.5K | +9.3% |
| Weymouth | $555K | $600K | +8.1% |
| North Weymouth | $545K | $522.5K | -4.1% |
Housing Supply in Weymouth Town, MA
How many homes are available in Weymouth Town, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 145 | 144 | -0.7% |
Summary: The Weymouth Town real estate market had 144 homes for sale in September 2024, a 0.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 36 | 41 | +13.9% |
| 3 Bedrooms | 70 | 64 | -8.6% |
| 4 Bedrooms | 29 | 30 | +3.4% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Weymouth Town housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 13.9%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 60 | 34 | -43.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weymouth Town, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in Weymouth Town in September 2024, down by 43.3% month-over-month. Of the 34 sold homes, 41% were sold under asking, 6% were sold at asking, and 53% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 23 Days | 31 Days | +34.0% |
Summary: Homes in Weymouth Town had an average of 31 days on market in Sep 2024, up by 34% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
14 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 September 2024, 34 homes were sold in Weymouth Town; 56% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
