What are the latest numbers telling us about the Whitman-area real estate market?
Inventory: 1.9 months of supply
That’s down 25.78% from last month, although still up 26.67% year over year. With fewer homes available than a balanced market would typically have, well-positioned sellers may retain an advantage in negotiations.
Median sold price: $605,000
That’s a 6.7% monthly increase, with the median up nearly $75,000 since January. Rising prices are adding to the affordability challenge.
Median days on market: 27
A substantial increase from last month. Some buyers may be taking longer to make decisions, while higher mortgage payments and tighter qualification requirements can limit purchasing power.
What does this mean for you?
Sellers: Pricing strategically is still essential. Low inventory doesn’t mean every home will sell quickly at any price.
Buyers: There may be opportunities to negotiate, but preparation and a realistic budget matter.
The market isn’t the same for every property or price range. The best strategy starts with understanding your local competition.
Serving Whitman, Brockton, Abington, East Bridgewater, Rockland, Hanson & Halifax.
Thinking about buying, selling, or renting as a landlord? Let’s talk!
Lew McConkey | Realtor/Notary
Brook Realty
(781) 252-9789
www.lewmcconkeyhomes.com
