Methodology
This is a year over year report for single family home listings and sales in Cohasset, 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 Cohasset, click here.
Cohasset Real Estate Market Listing Activity
The number of listings taken in Cohasset YTD in 2024 has increased from 86 to 90. While this represents an increase of 4 homes, or 5%, I would consider this metric to be pretty flat.
Of the Cohasset homes that went “pending”, the average list price has increased a whopping 20%, from $1.58MM to $1.90MM.
Sales Activity
The average days on market has decreased from 62 to 46, and days to offer has decreased from 45 to 32. This is a very strong indicator of the health of the Cohasset real estate market. Average sales price has increased by 14%, from $1.63MM to $1.86MM.
Conclusion
Overall the Cohasset real estate market remains incredibly strong. As an agent I particularly look out for total number of listings, days on market, and average sales price per square foot.
The fact that inventory has remained flat, yet days on market, days to offer, and average sales price have also increased, is definitely encouraging. Typically if inventory was flat, we’d expect the others to stay flat, since inventory functions as supply in the supply/demand dynamics in a market.
Are you looking to buy or sell in Cohasset? 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 Cohasset real estate market.
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