Is 01072, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 01072 has remained a Seller's Market.
Key Takeaway
01072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01072, MA
How much do homes in 01072, MA cost?
Median Sold Price
$450,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01072 have sold for 50% more than they did a year ago.
Summary: The median home sold price in 01072 was $450,000 in April 2024, up 50% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $255K | +168.4% |
| 2 Bedrooms | $300K | $365K | +21.7% |
| 3 Bedrooms | $295K | $440K | +49.2% |
| 4 Bedrooms | $331.5K | $747.5K | +125.5% |
| 5+ Bedrooms | $370K | $1.1M | +205.0% |
Summary: 01072 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 168.4%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 49.2%, 4 bedroom homes increased by 125.5%, and 5+ bedroom homes increased by 205%.
Median Sold Price Compared To Nearby Zip Codes
| 01072 | $300K | $450K | +50.0% |
| 01002 | $460K | $469K | +2.0% |
Housing Supply in 01072, MA
How many homes are available in 01072, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The 01072 real estate market had 4 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 01072 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
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 01072, 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 01072 in April 2024, up by 100.0% 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 01072, MA
How long does it take to sell a home in 01072, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 62 Days | 22 Days | -64.5% |
Summary: Homes in 01072 had an average of 22 days on market in Apr 2024, down by 64.5% 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 01072 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in 01072; 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.
