South Shore Has 3 Months of Homes for Sale Right Now
Right now, there are 253 homes for sale on the South Shore. At the pace homes have been selling, every one of them would be gone in 3 months. I pulled every listing through October 7, 2026 to see what that really means for sellers and buyers here.
Three months of supply is a seller's market. The line that separates seller from buyer territory is 4 months. Below that, sellers have the advantage. Above 6 months, buyers do. The South Shore sits well below both.
Homes that waited longer gave up real money
The fastest homes did the best. The typical home that found a buyer in the first month got 100% of what it first asked. Homes that took two months got 97.5% of their first price. That gap sounds small until you do the math on a $725,000 home.
Homes that took over six months got 92.6% of what they first asked. That is the real cost of starting too high. The longer a home sat, the more the seller gave back. And 209 homes never sold at all. They came off the market with no sale and stayed off.
The homes that gave up had a typical first asking price of $799,999. The homes that sold had a typical first asking price of $749,000. That $50,999 gap is not a coincidence. It is where the market said no.
The sharpest drop-off is at $950K and up. Nearly 1 in 3 homes in that range, 32.6%, came off the market without a sale. That is the highest give-up rate of any price range in the file.
Nearly half the homes currently for sale have already cut their price. The typical cut is $30,001. Across all 119 homes that cut, that adds up to $7,232,254 in reductions already taken. The biggest single cut is $450,000, on Wakefield Road.
- Price your home where the market is, not where you hope it will be: homes priced right sold in 20 days at 100% of their first price, while nearly half of all current listings have already had to cut.
- If you are not sure where your price should land, a quick check against what actually sold nearby is the place to start.
What this means if you are selling or buying right now
If you are selling, the supply number is working in your favor, but it is not a blank check. The data is clear: homes first priced between $600K and $700K sold in 33 days and got 98.5% of what they first asked. Homes first priced at $950K and up gave up at a rate of 32.6%, compared with 10% for homes first priced between $600K and $700K. Price where the market is, not where you hope it will be. The last home that sold 3% or more over its asking price went under contract on August 13, on Fern Avenue. That was 55 days before the data stops. The bidding-war window has been quiet since.
If you are buying, three months of supply means you are not shopping in a wide-open market. But 47% of active listings have already cut their price, so there is room to negotiate on homes that have been sitting. Mortgage rates are not helping: the 30-year fixed averaged 7.28% as of October 1, 2026, up from 6.34% a year ago, according to Freddie Mac's weekly rate survey. That difference changes what you qualify for and what your monthly payment looks like. Factor that cost in before you decide how hard to push on price.
- 1$600K to $700K10%
- 2Under $600K14.1%
- 3$800K to $950K15.5%
- 4$700K to $800K19.1%
- 5$950K and up32.6%
Your next step
(917) 586-3158Text me your address and I will send back what your South Shore home is worth against what homes near you actually sold for, including how long they took and what share of their first price they got. Takes a day, costs nothing.
Text me- My market data, every listing, as of October 7, 2026
- Freddie Mac Primary Mortgage Market Survey, October 1, 2026
- National Association of Realtors, August 2026 existing-home sales report
