Search homes for sale in Cohasset, famous for its historic buildings and its scenic views of the ocean.
The Cohasset housing market remains highly competitive. Last month, the median sale price of a home was $625,000—a 9.91% decrease compared to the same time last year. However, the median price per square foot rose to $488, reflecting a 14.8% year-over-year increase. This suggests that while overall home prices may have dipped, buyers are still paying a premium for smaller, well-located, or newly renovated properties, indicating ongoing demand in specific segments of the market.
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In February 2025, the median home price in Cohasset declined by 9.91% year-over-year, settling at $625,000. While this dip suggests a softening in overall pricing, the market has become significantly more active and efficient—homes now sell in just 19 days on average, a dramatic improvement from 164 days last year. This sharp decrease in time on market indicates renewed buyer interest and stronger demand for well-positioned listings. Additionally, transaction volume increased, with 5 homes sold this February compared to only 2 in the same month last year. These trends suggest that while prices have adjusted, market momentum is picking up, especially for competitively priced homes.
Cohasset is a very competitive housing market, with homes typically selling in just 22 days. Many listings receive multiple offers, and some buyers are even waiving contingencies to stay competitive. On average, homes sell for about 2% below the list price and go pending within 22 days, showing that while buyers still have some negotiation room, demand remains strong. The most desirable properties—often recently updated or in prime locations—can sell for about 2% above asking and go pending in as little as 17 days. In this fast-moving market, buyers need to act quickly and strategically to secure the right home.
As of March 2025, Cohasset, MA is considered a buyer’s market, meaning the number of homes for sale exceeds the current level of buyer demand. This gives buyers more negotiating power, increased inventory to choose from, and a greater chance of securing favorable terms. While competition still exists for well-priced or move-in-ready homes, overall conditions favor those looking to purchase, making it an opportune time for buyers to enter the market with greater flexibility and leverage.
For detailed, up-to-date information on buying a house in Cohasset, including legal considerations and market trends, you can talk to us.
Buying a home in Cohasset, MA, as a first-time buyer requires careful planning due to the town’s competitive market and higher-than-average home prices. It’s essential to get pre-approved for a mortgage early to strengthen your offer, especially since many homes receive multiple bids. Working with a local real estate agent can help you navigate the market, identify homes that fit your budget, and craft competitive offers. Additionally, researching property taxes, school districts, and commuting options can help ensure the home meets your long-term needs. Be prepared to act quickly when a desirable property hits the market.
Cohasset has a property tax rate that varies annually, so it’s crucial to check with the town’s assessor’s office or your real estate agent for the current rate. In addition to property taxes, buyers should budget for potential homeowners’ association (HOA) fees if purchasing within a managed community. If you’re considering waterfront or historic properties, additional regulations, flood insurance, or preservation restrictions may apply. Closing costs, including transfer taxes, attorney fees, and inspections, should also be factored into your budget.
Cohasset offers a variety of home styles, including historic Colonials, Cape Cod-style homes, waterfront estates, and modern new builds. When choosing a property, consider your lifestyle needs—do you prefer a home with ocean views, proximity to Cohasset Village, or a larger lot for privacy? If buying near the coast, check whether the property is in a flood zone and whether flood insurance is required. For buyers looking for newer construction, it’s worth researching local zoning regulations, as some areas have strict building codes to preserve Cohasset’s charm.
To attract buyers in Cohasset’s competitive market, focus on curb appeal, staging, and necessary upgrades. Homes with well-maintained exteriors, fresh landscaping, and neutral interior colors tend to sell faster. Since many buyers in Cohasset are looking for luxury or waterfront properties, highlighting high-end finishes, updated kitchens, and modern bathrooms can add significant value. Additionally, professional photography and virtual tours can help your listing stand out online. If possible, address minor repairs before listing to prevent buyers from negotiating down the price.
Sellers in Cohasset should budget for closing costs, which typically include a real estate agent’s commission (often 5-6% of the sale price), attorney fees, and Massachusetts’s transfer tax (currently $4.56 per $1,000 of the sale price). Additional costs may include staging, home inspection repairs, and prorated property taxes. If your home is part of an HOA, there may be resale fees or documentation fees required for the transaction. Being aware of these expenses in advance can help you price your home effectively.
In Cohasset’s competitive market, many buyers submit offers with contingencies for financing, inspections, or home sales. While accepting a contingency-free offer is ideal, it depends on your goals and timeline. If you receive multiple offers, a cash offer or an offer with waived contingencies may be more attractive, even if it’s slightly lower than another bid. However, if a buyer includes reasonable contingencies but offers a strong price, it may still be a solid choice. Work with your real estate agent to evaluate each offer carefully to ensure it aligns with your needs.
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.
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