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Writer's pictureCarson Hess

Braintree Real Estate Report - October 2024

Updated: Dec 8, 2024

Methodology


This is a year over year report for single family home listings and sales in Braintree, Massachusetts, and was generated using publicly available information on the MLS. The full data is shown in the image below.


This report was pulled in Q4 2024. To see the previous quarter’s report for Braintree, click here



braintree real estate market report

Braintree Real Estate Market Listing Activity 


There have been more listings in Braintree year to date than in the previous year. There have been 227 listings taken thus far this year compared to 196 in the same period of 2023. This represents an increase of 16%, which checks out with the broader greater Boston stats of increasing inventory. 202 of these listings have gone “pending” this year, meaning they have an offer accepted and/or purchase and sale agreement signed - as compared to 180 last year. 


The average list price of single family homes in Braintree for sale has increased by 6% - from $738 to $780k.


Sales Activity


The average days on market and average days to offer have remained roughly the same at 27 and 17, respectively. Average sales price per square foot has increased from $377 to $408 - an increase of 9%.


Conclusion


Overall the Braintree market is incredibly strong. As an agent I particularly look out for total number of listings, days on market, and average sales price per square foot. 


It is highly encouraging to see that despite inventory increasing by 16% and the average days on market/days to offer holding steady, the average sales price per square foot has still managed to increase by 9%.


Are you looking to buy or sell in Braintree? I would love to set up a conversation to chat more about how I can secure you the best price and terms for your transaction by leveraging my expertise on the Braintree real estate market.


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