Is Shutesbury, 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, Shutesbury has remained a Seller's Market.
Housing Prices in Shutesbury, MA
How much do homes in Shutesbury, MA cost?
Median Sold Price
$475,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Shutesbury was $475,000 in May 2024, up 43.4% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $255K | +168.4% |
2 Bedrooms | $300K | $365K | +21.7% |
3 Bedrooms | $327K | $420K | +28.4% |
4 Bedrooms | $347K | $687.5K | +98.1% |
5+ Bedrooms | $370K | $1.1M | +205.0% |
Summary: Shutesbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 168.4%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 28.4%, 4 bedroom homes increased by 98.1%, and 5+ bedroom homes increased by 205%.
Median Sold Price Compared To Nearby Cities
Shutesbury | $331.2K | $475K | +43.4% |
Pelham | $439.2K | $465K | +5.9% |
Housing Supply in Shutesbury, MA
How many homes are available in Shutesbury, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Summary: The Shutesbury real estate market had 7 homes for sale in May 2024, a 40.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shutesbury 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Shutesbury in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Shutesbury, MA
How long does it take to sell a home in Shutesbury, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 48 Days | +77.8% |
Summary: Homes in Shutesbury had an average of 48 days on market in May 2024, up by 77.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Shutesbury; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.