Is Egleston Square, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Egleston Square has remained a Seller's Market.
Key Takeaway
Egleston Square is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Egleston Square, MA
How much do homes in Egleston Square, MA cost?
Median Sold Price
$806,000
$567/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Egleston Square have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Egleston Square was $806,000 in May 2024, up 10.4% from last year, and the median price per square foot was $567.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $627.5K | $426K | -32.1% |
| 2 Bedrooms | $675K | $677.2K | 0.3% |
| 3 Bedrooms | $775K | $907.5K | +17.1% |
| 4 Bedrooms | $1.7M | $1.1M | -32.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +1.2% |
Summary: Egleston Square housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.1%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 32.2%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Egleston Square | $730K | $806K | +10.4% |
| Jamaica Plain | $771.6K | $776.6K | +0.6% |
| Roxbury | $719K | $720K | 0.1% |
| Hyde Square | $768.9K | $750K | -2.5% |
Housing Supply in Egleston Square, MA
How many homes are available in Egleston Square, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The Egleston Square real estate market had 28 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Egleston Square housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Egleston Square, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Egleston Square in May 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Egleston Square, MA
How long does it take to sell a home in Egleston Square, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 55 Days | 33 Days | -39.3% |
Summary: Homes in Egleston Square had an average of 33 days on market in May 2024, down by 39.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Egleston Square are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Egleston Square; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
