Is 01062, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 01062 has remained a Seller's Market.
Housing Prices in 01062, MA
How much do homes in 01062, MA cost?
Median Sold Price
$411,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 01062 was $411,000 in February 2024, up 5.5% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $189K | N/A |
2 Bedrooms | $315.5K | $350K | +10.9% |
3 Bedrooms | $355.9K | $382.5K | +7.5% |
4 Bedrooms | $583K | $540.7K | -7.3% |
5+ Bedrooms | $843.2K | $736K | -12.7% |
Summary: 01062 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 12.7%.
Housing Supply in 01062, MA
How many homes are available in 01062, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Summary: The 01062 real estate market had 18 homes for sale in February 2024, a 5.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 01062 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 01062 in February 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 01062, MA
How long does it take to sell a home in 01062, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
23 Days | 49 Days | +108.8% |
Summary: Homes in 01062 had an average of 49 days on market in Feb 2024, up by 108.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in 01062; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.