Cohasset Homes for Sale

Cohasset Real Estate Market Update

As of September 2023, the Cohasset real estate market is competitive, with homes selling after an average of 21 days on the market — a decrease from 25 days last year. Despite this demand, the median sale price for homes has dropped to $1.0M, a 9.35% decline from the previous year.

Pricing Analysis:

The median sale price per square foot now stands at $464, marking a slight decrease of 0.75% compared to last year. This indicates a slight adjustment in value, which could benefit informed buyers and sellers in the market.

Sales Volume:

There were 6 homes sold in September 2023, down from 9 sales in the same month last year, pointing to a slight decrease in market activity.

Market Pace:

Homes in Cohasset tend to sell for about 1% below the listed price, with an average time of 26 days to go pending. However, high-demand homes, or "hot homes," often sell for approximately 1% above list price and can go pending in as few as 16 days.

Migration Trends:

The majority of Cohasset homebuyers (81%) are looking to stay within the metropolitan area. Interestingly, 19% are seeking to move out of Cohasset. External interest is modest, with 3% of buyers coming from other metro areas such as Hartford, New York, and San Francisco.

Relocation Patterns:

For those relocating from Cohasset, 81% remain within the local metro area. Portland, Lebanon, and Miami are the top relocation destinations for the remaining movers.

$1,042,500

Median Sale Price

6

# of Homes Sold

21

Median Days on Market

Map of Available Homes for Sale in Cohasset

For Sale

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