Is 01060, 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, 01060 has remained a Seller's Market.
Key Takeaway
01060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01060, MA
How much do homes in 01060, MA cost?
Median Sold Price
$435,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01060 have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in 01060 was $435,000 in March 2024, down 4.3% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $272.5K | $205K | -24.8% |
| 2 Bedrooms | $317.5K | $332.5K | +4.7% |
| 3 Bedrooms | $609K | $495K | -18.7% |
| 4 Bedrooms | $785K | $565K | -28.0% |
| 5+ Bedrooms | $616.5K | $721K | +16.9% |
Summary: 01060 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 18.7%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes increased by 16.9%.
Median Sold Price Compared To Nearby Zip Codes
| 01062 | $380K | $415.9K | +9.4% |
| 01035 | $544.5K | $550K | +1.0% |
| 01060 | $454.6K | $435K | -4.3% |
Housing Supply in 01060, MA
How many homes are available in 01060, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Summary: The 01060 real estate market had 29 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 01060 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01060, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 01060 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 01060, MA
How long does it take to sell a home in 01060, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 37 Days | +10.1% |
Summary: Homes in 01060 had an average of 37 days on market in Mar 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 01060 has remained consistent over time.
Summary: During March 2024, 6 homes were sold in 01060; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
