South Shore Sales Statistics (Oct 2023 - April 2024)

The South Shore Single Family Sales Statistics from October 2, 2023, to April 2, 2024, reveal notable trends in key neighborhoods. Hingham stands out with a substantial median sale price of $1,100,000 and a relatively higher price per square foot of $491.18, reflecting a robust demand in this area with homes staying on the market for an average of 23 days.

Weymouth, with 167 units sold, presents a more affordable option with a median sale price of $600,000 and a cost of $384.22 per square foot. The homes in Weymouth also tend to sell faster, averaging 19 days on the market.

Hull's real estate market is thriving, with 33 units sold at a median price of $787,000 and $440.00 per square foot, with properties averaging 21 days before sale.

Scituate also shows a strong market presence, selling 78 units at a median price of $875,000 and a median sale price per square foot at $455.51, remaining on the market for 22 days on average.

Norwell's homes command a high price point with a median sale price of $1,030,000 and $400.66 per square foot, staying on the market for around 20 days, indicating a steady demand.

Cohasset is the premium market among the highlighted neighborhoods, with the highest median sale price of $1,285,000 and the highest price per square foot at $439.94. However, it also has the longest average days on the market of 49.5, suggesting a more deliberate pace of sales.

The remaining neighborhoods offer a range of prices and market times, which support the varied dynamics of the South Shore real estate market. For instance, the comparatively lower median sale price and per square foot cost in Pembroke and Milton indicate more accessible market segments, with faster sales turnover averaging 19-20 days on the market. Conversely, areas like Braintree and Plymouth show a middle ground in pricing and market activity, providing a comprehensive picture of the region's housing market. Overall, the South Shore market demonstrates diverse options catering to a range of buyers, from premium to more budget-conscious selections.