Is Norwell, MA 02061 a buyer’s or seller’s market?
Norwell is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list102%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$425▲ +4.1% vs. last year
Run the numbers for 02061
Nearby markets
Abington 02351Seller’s market $350 /sq ftBridgewater 02324Seller’s market $318 /sq ftBrockton 02301Seller’s market $321 /sq ftBrockton 02302Seller’s market $366 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology