$9,369 Closing Credit*
$789,000
3,616 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: HomeSmart Professionals
Is Scituate, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Scituate was a Seller's Market.
Key Takeaway
Scituate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Scituate, RI
How much do homes in Scituate, RI cost?
Median Sold Price
$505,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+18.8%)
Key Takeaway
Homes in Scituate have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Scituate was $505,000 in October 2024, up 18.8% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $394K | $420K | +6.6% |
| 3 Bedrooms | $445K | $531.2K | +19.4% |
| 4 Bedrooms | $482.4K | $600K | +24.4% |
| 5+ Bedrooms | $487.5K | $508.5K | +4.3% |
Summary: Scituate housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| North Scituate | $425K | $549.9K | +29.4% |
| Scituate | $425K | $505K | +18.8% |
| Johnston | $390K | $429.3K | +10.1% |
| Coventry | $380.8K | $401K | +5.3% |
Housing Supply in Scituate, RI
How many homes are available in Scituate, RI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The Scituate real estate market had 51 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 26 | 29 | +11.5% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Scituate housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scituate, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Scituate in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Scituate, RI
How long does it take to sell a home in Scituate, RI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 21 Days | -16.2% |
Summary: Homes in Scituate had an average of 21 days on market in Oct 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scituate are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Scituate; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
