Is 01027, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 01027 has remained a Seller's Market.
Housing Prices in 01027, MA
How much do homes in 01027, MA cost?
Median Sold Price
$396,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 01027 was $396,000 in March 2024, up 1.5% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $599.9K | $694.9K | +15.8% |
2 Bedrooms | $330K | $375K | +13.6% |
3 Bedrooms | $389.5K | $384.4K | -1.3% |
4 Bedrooms | $440K | $420K | -4.5% |
5+ Bedrooms | $452.5K | $625K | +38.1% |
Summary: 01027 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 38.1%.
Housing Supply in 01027, MA
How many homes are available in 01027, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The 01027 real estate market had 28 homes for sale in March 2024, a 12.0% increase 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 | 5 | 5 | 0.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 01027 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 01027 in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for 01027, MA
How long does it take to sell a home in 01027, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 52 Days | -18.4% |
Summary: Homes in 01027 had an average of 52 days on market in Mar 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 01027; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.