Is East Bridgewater, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Bridgewater was a Buyer's Market.
Key Takeaway
East Bridgewater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Bridgewater, MA
How much do homes in East Bridgewater, MA cost?
Median Sold Price
$505,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Bridgewater have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in East Bridgewater was $505,000 in May 2024, up 9.2% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $299.9K | +50.0% |
| 2 Bedrooms | $382K | $395K | +3.4% |
| 3 Bedrooms | $481K | $516.2K | +7.3% |
| 4 Bedrooms | $630K | $680K | +7.9% |
| 5+ Bedrooms | $710K | $650K | -8.5% |
Summary: East Bridgewater housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Hanson | $490K | $560K | +14.3% |
| East Bridgewater | $462.5K | $505K | +9.2% |
| Whitman | $450K | $491.5K | +9.2% |
| Halifax | $449.9K | $485K | +7.8% |
| Bridgewater | $559.2K | $566K | +1.2% |
Housing Supply in East Bridgewater, MA
How many homes are available in East Bridgewater, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 43 | +10.3% |
Summary: The East Bridgewater real estate market had 43 homes for sale in May 2024, a 10.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The East Bridgewater housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Bridgewater, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in East Bridgewater in May 2024, up by 83.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for East Bridgewater, MA
How long does it take to sell a home in East Bridgewater, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 18 Days | +31.2% |
Summary: Homes in East Bridgewater had an average of 18 days on market in May 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Bridgewater are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in East Bridgewater; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
