Is 01013, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01013 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 01013 was a Buyer's Market.

Key Takeaway

01013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01013, MA

How much do homes in 01013, MA cost?

Median Sold Price

$287,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+5.5%)

Key Takeaway

Homes in 01013 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 01013 was $287,000 in March 2024, up 5.5% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $125K$121K
-3.2%
2 $220K$230K
+4.5%
3 $267K$285K
+6.7%
4 $292K$307K
+5.1%
5+ $340K$361K
+6.2%

Summary: 01013 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Zip Codes

01040
+10.8%
01013
+5.5%
01104
+5.1%
01020
+2.0%

Housing Supply in 01013, MA

How many homes are available in 01013, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3946+17.9%

Summary: The 01013 real estate market had 46 homes for sale in March 2024, a 17.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 14
+300.0%
3 2328
+21.7%
4 75
-28.6%
5+ 67
+16.7%

Summary: The 01013 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 increased by 300%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01013, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 01013 in March 2024, up by 27.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.

Days on Market for 01013, MA

How long does it take to sell a home in 01013, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days25 Days-3.3%

Summary: Homes in 01013 had an average of 25 days on market in Mar 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01013 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 14 homes were sold in 01013; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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