This episode of The Pink Door Podcast provides a deep dive into the Norwell Norwell, Massachusetts single-family housing market for October 2025. The data paints a picture of a fiercely competitive, high-end market defined by extreme scarcity, rapid sales, and a strong preference for both updated and new luxury homes.

The market survey reveals a critical lack of entry-level inventory. There are zero active single-family listings priced below $600,000. The lowest-priced active home is $749,000, and the Median List Price for the 18 active properties stands at a high $1,195,000. This scarcity is creating a significant barrier to entry, pushing the entire market further into the luxury tier.

October saw 8 single-family homes close, with the Median Sale Price settling at an impressive $1,075,000. The average sale price was $1,327,500, buoyed by high-value transactions. What truly defines this market is speed: the average time from listing to an accepted offer (DTO) was a blazing 26 days, with sold homes closing in an average of 44 days. This quick turnaround underscores intense buyer competition for quality listings.

Despite the high prices, the Norwell market is one where buyers are willing to pay a premium. The average sale price was 1% above the final list price (SP:LP Ratio of 101%), demonstrating the impact of bidding wars, even at the million-dollar price point. However, sellers must still be strategic: the average sale price was 2% below the original asking price, suggesting that while final list prices are often exceeded, initial, overly ambitious prices are met with resistance. Only 2 of the 8 sold listings required a price reduction, averaging -2.35% for those specific homes.

The sales highlights illustrate the desirability of premium Norwell properties:

• The New Construction Winner: The top sale was a stunning, nearly new (2023 built) Colonial/Contemporary that closed for $2,375,000 after just 3 days on the market. This 4,368 sq ft, 5-bed, 4.5-bath home showcases the strong demand and willingness to pay for turn-key, modern luxury.
• The Expanded Cape Appeal: Another significant sale was a beautifully expanded Cape featuring a farmer's porch, rich walnut floors, a gourmet kitchen, and a main-level primary suite, selling for $1,350,000. This demonstrates the value buyers place on classic New England charm blended with contemporary, high-end finishes and Norwell's top-rated school district.

In summary, the Norwell housing market in October 2025 is characterized by extremely limited supply, high price points, and fast-paced transactions driven by a demand for quality luxury homes. Sellers who price realistically and offer move-in ready quality are being rewarded quickly and often with over-list-price bids. #sellingsouthietosagamore #jimaldred #kwmass #southshoremarealestate #sellingsouthietothecape #plymouthcountyrealestate #kwsignaturepropertiesma #HINGHAM #02043 #pinkdoorproperties #norwell 02061 #MarshfieldMA #02050 #plymouth #02360 #Scituate 02066 #pinkdoorproperties #marketreport #sellingsouthietosagamore #scituate #duxbury #pembroke #02332 #SellerTips #BuyerTips #sellertips

Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below.
https://linktr.ee/SellingSouthieToSagamore
www.KWMASS.com
Email me at [email protected]

cell: 339-987-0382