Is Leeds, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Leeds has remained a Seller's Market.
Key Takeaway
Leeds is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leeds, MA
How much do homes in Leeds, MA cost?
Median Sold Price
$445,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Leeds have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in Leeds was $445,000 in May 2024, down 8.4% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $327.4K | $425K | +29.8% |
| 3 Bedrooms | $593.2K | $445K | -25.0% |
| 4 Bedrooms | $654.9K | $830K | +26.7% |
| 5+ Bedrooms | $640K | - | N/A |
Summary: Leeds housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.8%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Florence | $377.5K | $432.5K | +14.6% |
| Northampton | $411K | $443.7K | +8.0% |
| Leeds | $485.7K | $445K | -8.4% |
Housing Supply in Leeds, MA
How many homes are available in Leeds, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Summary: The Leeds real estate market had 6 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leeds housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Leeds, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Leeds in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Leeds, MA
How long does it take to sell a home in Leeds, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 21 Days | -12.5% |
Summary: Homes in Leeds had an average of 21 days on market in May 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leeds are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Leeds; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
