The housing market in Cohasset is highly competitive. Last month, the median sale price of a home in Cohasset reached $1.4 million, reflecting a 27.2% increase compared to the previous year. Additionally, the median sale price per square foot rose to $524, marking an 11.0% increase year-over-year.
Median Sale Price
Median Sale Price per Sqft
Total Homes Sold
Median Days on Market
In June 2024, home prices in Cohasset saw a significant rise of 27.2% compared to the previous year, with the median sale price reaching $1.4 million. Homes in Cohasset are selling much faster, averaging just 19 days on the market compared to 39 days last year, indicating a stronger demand. However, the number of homes sold in June decreased slightly, with 7 homes sold this year compared to 8 last year. This trend suggests a high level of competition and a dynamic market environment in Cohasset.
The housing market in Cohasset is extremely competitive. Homes typically sell in about 19 days, often receiving multiple offers, some of which waive contingencies. On average, homes sell for approximately 2% below the list price and go pending within 19 days. However, hot properties can sell for around 4% above the list price and go pending in just 13 days.
People are moving to Cohasset from various locations across the nation. Approximately 2% of homebuyers searching for homes in Cohasset are from outside metropolitan areas. Among these, homebuyers from New York showed the most interest in relocating to Cohasset, followed by those from Hartford and Washington.
For detailed, up-to-date information on buying a house in Cohasset, including legal considerations and market trends, you can talk to us.
The average price of homes in Cohasset, MA, varies depending on the type and location of the property. As of recent data, the median sale price of a home in Cohasset is approximately $1.4 million. This represents a 27.2% increase from the previous year, reflecting the high demand and competitive nature of the market. Buyers should also consider that prices per square foot have risen to $524, up 11% from last year, making it important to budget accordingly and be prepared for potential bidding wars on desirable properties.
Homes in Cohasset, MA, sell quite quickly due to the competitive market. On average, homes go pending in around 19 days, significantly faster than the 39 days observed last year. Particularly desirable homes, often referred to as "hot homes," can sell even faster, within approximately 13 days, and sometimes for about 4% above the list price. Buyers should be ready to act swiftly and decisively when they find a property they are interested in.
Yes, Cohasset, MA is often considered a desirable place to live. This coastal town, known for its picturesque scenery and historic charm, offers residents a blend of suburban and coastal living. It boasts a variety of amenities, including excellent schools, beautiful beaches, and a quaint downtown area with shops and restaurants. The community in Cohasset is closely-knit and active, often engaging in local events and outdoor activities. The town's proximity to Boston also makes it a convenient location for those who work in the city but prefer a more tranquil living environment. However, like any area, the suitability of Cohasset as a place to live will depend on individual preferences and lifestyle choices.
Cohasset attracts buyers from various metropolitan areas, with the most interest coming from New York, followed by Hartford and Washington. About 2% of homebuyers searching for homes in Cohasset are from outside metropolitan areas. Those moving to Cohasset can expect a competitive real estate market with high demand, especially for well-located and desirable properties. It's advisable to work with a local real estate agent who can provide insights into the market trends, help navigate the competitive landscape, and assist with understanding the local community and amenities.
To maximize the sale price of your home in Cohasset, MA, it's crucial to present your property in the best possible light. This includes staging the home to highlight its best features, making necessary repairs, and ensuring it is clean and well-maintained. Additionally, pricing your home competitively and strategically can attract multiple offers, some with waived contingencies, potentially driving the sale price above the listing price. Working with an experienced real estate agent who understands the local market can also help you set the right price and market your home effectively.
The best time to sell a home in Cohasset, MA, can vary, but generally, the spring and summer months tend to see more activity in the real estate market. This is when buyers are more active, and properties often sell faster and at higher prices. However, given the current competitive nature of the Cohasset market, homes are selling quickly throughout the year. Consulting with a local real estate agent can provide specific insights and help you determine the optimal time to list your property based on current market conditions.
In a competitive market like Cohasset, MA, preparing your home for sale is key to attracting buyers and securing the best possible price. Start with a thorough cleaning and decluttering of the home. Consider professional staging to showcase your home's potential. Address any necessary repairs or updates, particularly those that will enhance curb appeal or fix obvious issues that could deter buyers. High-quality photos and a strong online listing are also crucial, as many buyers begin their search online. Finally, pricing your home competitively will help attract serious buyers and may lead to multiple offers, some potentially above the asking price. Working with a knowledgeable real estate agent can guide you through each step of the preparation process.
Have questions? Dreaming of finding your perfect home in Cohasset, MA? Don't navigate this journey alone! Contact us now for expert guidance and personalized assistance. Whether you're curious about a specific property or ready to start the buying process, we're here to help you every step of the way.
From its picturesque beaches and historic landmarks to the vibrant community life and exquisite dining options, Cohasset is a treasure waiting to be explored. Whether you're considering making Cohasset your new home or simply wish to learn more about this idyllic community, our guide provides insights and information to help you navigate and appreciate the unique beauty of Cohasset. Dive into our guide and start exploring the hidden gems of Cohasset, MA today!
Whether you are buying or selling a home on the South Shore, our goal is to provide you with the level of personal attention and services you need to ensure a smooth and successful real estate transaction.
Contact Us