Homes for Sale in Buzzards Bay MA – July 2013 Market Update

    Welcome back to another monthly market report for Buzzards Bay, MA. Check back each month for the latest trends in our 02532 housing market.

    Homes for sale in Buzzard Bay have spent an average of 129 days on the market. Homes that sold in the last 3 months sold in a minimum of 3 days, took up to 1,026 days, and the average time was 153 days.

    How many homes sold over the last 3 months? We saw 32 homes sold: 3 got over their listing price, 27 got less than the listing price, and 2 sold at their listing price. They ranged from $35,000 to $2,000,000 (median selling price: $264,000).

    As for the 113 current homes for sale in Buzzard Bay, they range in price from $59,000 to $2,595,000, with a median price of $389,900.

    We’ve added 93 new listings to the market while 32 others were sold, meaning there is about 10 and a half months of inventory in the market today. A balanced market is defined as having 5 – 7 months of inventory, while a seller’s market has less than 5 months of inventory and a buyer’s market has more than 7 months of inventory.

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