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

    Homes for Sale Market Report in Buzzard Bay MA

    This is your monthly market update for Buzzard Bay real estate. Check back often for news and analysis about the homes for sale in the 02532 zip code.

    On average, the homes for sale in Buzzard Bay have been on the market for 124 days. This holds close to the average time that homes recently sold have remained on the market–122 days. While some homes have been on the market for nearly 2.5 years, others have sold only a couple days after hitting the market.

    How many homes sold in 02532 in the last 3 months? 21. Of those, 2 sold for greater than their listing price, 2 at listing price, and 17 sold below their listing price.

    Homes for sale in Buzzard Bay currently range in price from $59,000 to $2,799,000, with a median price of $397,450. Houses that sold over the last 90 days went for a range of $126,000 to $803,900 and the median selling price was $255,000.

    Currently we have 104 homes for sale in Buzzard Bay. That’s about 15 months of inventory in the market, which definitely classifies as a buyer’s market. (A little cheat sheet from Real Estate 101: Typically, we considered a market balanced if it has 5 – 7 months of inventory, 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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