Exploring the Raynham, MA Real Estate Market in 2023: A Snapshot of Single Family Homes

Nestled in Bristol County, Massachusetts, Raynham is a picturesque town that has been drawing homebuyers with its charm, strong community spirit, and convenient location. As we step into 2023, let’s take a closer look at the real estate landscape in Raynham, specifically focusing on single-family homes.

Market Overview:

The data from 2023 reveals some interesting insights into the Raynham real estate market. With 100 single-family homes sold, the average living area square footage stood at 2094.19. This indicates that residents in Raynham enjoy spacious homes, providing comfort and room for various lifestyle needs.

Pricing Trends:

For those considering a move to Raynham, the average listing price was $578,374, with an average listing price per square foot of $296. This suggests that the market is competitive but offers value for money, especially when considering the generous living spaces.

The average days on market (DOM) in Raynham was 40.12, highlighting a market that moves steadily. Homes in Raynham are not lingering on the market for extended periods, a positive sign for both sellers and buyers.

Transaction Efficiency:

Another noteworthy metric is the average days to offer (DTO), which stands at 24.71. This indicates that homes in Raynham are receiving offers relatively quickly, showcasing the desirability of the properties in the area.

Sale Insights:

The average sale price for single-family homes in Raynham was $585,703, with an average sale price per square foot of $302. This indicates that homes are not only selling quickly but also at a favorable price point for sellers.

Conclusion:

Raynham, MA, continues to be an attractive destination for homebuyers, offering a blend of spacious living, competitive pricing, and a community-oriented atmosphere. The 2023 real estate data reflects a market that is active, with homes selling efficiently and at appealing prices.

Whether you’re a prospective buyer looking for a new home or a seller considering listing your property, Raynham’s real estate market in 2023 offers promising opportunities. As always, it’s essential to work with a knowledgeable local real estate professional to navigate the nuances of the market and make informed decisions.

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