Is South End, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, South End was a Seller's Market.
Key Takeaway
South End is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South End, MA
How much do homes in South End, MA cost?
Median Sold Price
$1,400,625
$1,162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South End have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in South End was $1,400,625 in April 2024, up 18.3% from last year, and the median price per square foot was $1,162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $779K | $782K | 0.4% |
| 2 Bedrooms | $1.2M | $1.3M | +14.7% |
| 3 Bedrooms | $2.1M | $2.5M | +15.0% |
| 4 Bedrooms | $3.2M | $2.7M | -16.2% |
| 5+ Bedrooms | $3.9M | $3.5M | -8.7% |
Summary: South End housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in South End, MA
How many homes are available in South End, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 150 | 201 | +34.0% |
Summary: The South End real estate market had 201 homes for sale in April 2024, a 34.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 40 | 50 | +25.0% |
| 2 Bedrooms | 54 | 81 | +50.0% |
| 3 Bedrooms | 37 | 45 | +21.6% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The South End housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South End, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in South End in April 2024, up by 22.7% month-over-month. Of the 27 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for South End, MA
How long does it take to sell a home in South End, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 69 Days | +136.5% |
Summary: Homes in South End had an average of 69 days on market in Apr 2024, up by 136.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South End are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in South End; 41% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
