Is Dartmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dartmouth has remained a Seller's Market.
Key Takeaway
Dartmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dartmouth, MA
How much do homes in Dartmouth, MA cost?
Median Sold Price
$549,900
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dartmouth have sold for 10% more than they did a year ago.
Summary: The median home sold price in Dartmouth was $549,900 in May 2024, up 10% 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 | $579K | $418K | -27.8% |
| 2 Bedrooms | $375.5K | $392.5K | +4.5% |
| 3 Bedrooms | $480.9K | $552.5K | +14.9% |
| 4 Bedrooms | $642K | $575K | -10.4% |
| 5+ Bedrooms | $725K | $883.7K | +21.9% |
Summary: Dartmouth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.8%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 21.9%.
Median Sold Price Compared To Nearby Cities
| South Dartmouth | $535K | $650K | +21.5% |
| New Bedford | $376.5K | $423.6K | +12.5% |
| Westport | $600K | $672.5K | +12.1% |
| Dartmouth | $500K | $549.9K | +10.0% |
| North Dartmouth | $486K | $500K | +2.9% |
Housing Supply in Dartmouth, MA
How many homes are available in Dartmouth, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 67 | +8.1% |
Summary: The Dartmouth real estate market had 67 homes for sale in May 2024, a 8.1% 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 14 | 19 | +35.7% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Dartmouth 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 3.4%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dartmouth, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Dartmouth in May 2024, up by 30.8% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.
Days on Market for Dartmouth, MA
How long does it take to sell a home in Dartmouth, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 58 Days | +46.0% |
Summary: Homes in Dartmouth had an average of 58 days on market in May 2024, up by 46% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dartmouth are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Dartmouth; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
