Is 01005, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 01005 was a Seller's Market.
Key Takeaway
01005 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 01005, MA
How much do homes in 01005, MA cost?
Median Sold Price
$377,250
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01005 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 01005 was $377,250 in March 2024, up 2% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61.5K | $178K | +189.4% |
| 2 Bedrooms | $245K | $380K | +55.1% |
| 3 Bedrooms | $355.7K | $355K | -0.2% |
| 4 Bedrooms | $425K | $379.5K | -10.7% |
| 5+ Bedrooms | $425K | $400K | -5.9% |
Summary: 01005 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 189.4%, 2 bedroom homes increased by 55.1%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in 01005, MA
How many homes are available in 01005, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 01005 real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 01005 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 01005, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 01005 in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 01005, MA
How long does it take to sell a home in 01005, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 14 Days | -62.2% |
Summary: Homes in 01005 had an average of 14 days on market in Mar 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01005 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in 01005; 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.
