Real Estate Market Update for Quincy, MA

Video: Real Estate Community Tour for Quincy, MA

See Real estate community tour for Quincy, MA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 39% from one year earlier, and down 20% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month. Compared to last year, the average number of days units spent on the market before being sold was down 20%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 390-thousand dollars. The number of units sold increased 11% year-over-year, and increased 59% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Quincy, MA
Area Information for Quincy, MA
  • Population: 94,000
  • Median Age: 38.62 yr
  • Median Commute Time: 29.66 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 5,672/sq mi
  • Population Change Since 2000: 6.71%
  • Closest Airport: General Edward Lawrence Logan International
  • Closest College: Eastern Nazarene College
  • Closest Jr. College: Roxbury Community College
  • Median Household Income: $60,855
  • Annual Residential Turnover: 13.86%
  • Median Years in Residence: 4.28 yr
  • Median Home Sales Price: $295,000
  • Closest Major Sports Team: Red Sox
  • Change Avg. Household Income Since 2000: 28%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Quincy, MA
Median Age: 38.62 Married: 30% Number of Households: 41,237 Households with Children: 9,035
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Quincy, MA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Central Middle School 0.4 mi Public 6-8 4 4
      St Ann Elementray 0.4 mi Catholic PRESCHOOL-8 0 5
      Wollaston Child Care Center 0.4 mi Private PRESCHOOL-K 0 0
      Campus Kinder Haus 0.4 mi Private PRESCHOOL-K 0 0
      Beechwood Knoll Elementary School 0.4 mi Public K-5 4 5
      Wollaston School 0.5 mi Public K-5 3-5 5
      Francis W Parker 0.8 mi Public K-5 0 0
      Charles A Bernazzani Elementary School 0.9 mi Public K-5 3 4
      Quincy Catholic Academy 0.9 mi Catholic PRESCHOOL-8 0 0
      Atlantic Middle School 0.9 mi Public 6-8 3 2
      Woodward School For Girls 0.9 mi Private 6-12 0 0
      North Quincy High School 0.9 mi Public 9-12 2-5 3
      Adams Montessori 1.0 mi Private PRESCHOOL-6 0 0
      Montclair 1.0 mi Public K-5 3 4
      Merrymount 1.0 mi Public K-5 4-5 3
      Quincy High School 1.2 mi Public 9-12 2-5 4
      Blue Cross Blue Shield Ma Center For Chi 1.5 mi Private PRESCHOOL-K 0 0
      Broad Meadows Middle School 1.5 mi Public 6-8 2-5 4
      Lincoln Hancock Comm School 1.6 mi Public K-4 2-5 4
      St Mary Elementary 1.6 mi Catholic PRESCHOOL-8 0 0
      Point Webster Middle School 1.8 mi Public 5-8 2 4
      Reay E Sterling Middle School 1.8 mi Public 5-8 1 3
      Jack N Jill Kindergarten & Child Care Center 1.9 mi Private PRESCHOOL-K 0 0
      Squantum 2.1 mi Public K-5 3 4
      Clifford H Marshall Elementary School 2.3 mi Public K-4 3 5
      Mutanafisun Academy 2.4 mi Private PRESCHOOL-5 0 3
      Snug Harbor Comm School 2.5 mi Public PRESCHOOL-5 1 3
      Greater Quincy Child Care Center 2.8 mi Private PRESCHOOL-K 0 0
      Atherton Hough 2.9 mi Public K-5 2 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Quincy, MA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.