The Merrimac Shores housing market is very competitive. The median sale price of a home in Merrimac Shores was $343K last month, down 41.9% since last year. The median sale price per square foot in Merrimac Shores is $155, down 13.1% since last year.
What is the housing market like in Merrimac Shores today?
$343K
Sale Price
-41.9% since last year
$155
Sale $/Sq. Ft.
-13.1% since last year
Over List Price
1.6%
Days on Market
20
Down Payment
—
Total Homes Sold
2
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How hot is the Merrimac Shores housing market?
Merrimac Shores is very competitive. Homes sell in 20 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 20 days.
Hot homes
can sell for about 2% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Merrimac Shores housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merrimac Shores.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merrimac Shores has an extreme risk of flooding. 188 properties in Merrimac Shores are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Merrimac Shores. Flood risk is increasing slower than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Merrimac Shores has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Merrimac Shores is most at risk from hurricanes. 231 properties in Merrimac Shores have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 143 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 163 mph.
98% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Merrimac Shores has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Merrimac Shores have an Extreme Heat Factor®.
Merrimac Shores is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Merrimac Shores is expected to experience 7