South Shore Market Report - November 4, 2023 - March 4, 2024

Insights into South Shore's Real Estate Market 

(Nov 2023 - Mar 2024)

The South Shore housing market, from November 2023 to March 2024, displayed a vibrant array of sales activity and price points. Cohasset had the distinction of the highest median sale price at $1,250,000 for 27 units and the priciest per square foot at $443.55, paired with the longest average time on the market of 28 days. Notably, Norwell's homes sold for a median of $1,030,000 and spent an average of 19 days listed, reflecting a strong demand.

Hingham and Scituate experienced rapid sales, with homes averaging 20 and 21 days on the market, respectively, and high median sale prices of $1,100,000 and $865,000. While having the most homes sold at 90, Marshfield had a lower median sale price of $727,500 but similarly quick sales.

Hanover and Hull, with median sale prices of $755,000 and $768,500, also saw homes selling quickly, in 22 and 20.5 days on average. Braintree and Milton represented active markets, with 88 and 59 units sold at median sale prices of $670,000 and $870,000, pointing to a healthy interest in these areas. Pembroke and Kingston offered more affordable options, with median sale prices at $599,900 and $615,000.

Plymouth led in volume with 272 homes sold at a median of $615,000, indicating a bustling market with accessible pricing. Quincy's 142 homes sold at a median of $700,500 suggested a competitive yet active market.

Overall, the South Shore's real estate landscape demonstrated a range of opportunities, from luxury to more moderately priced homes, all with quick market movement, suggesting a solid buyer interest across the region.