Is 01075, 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, 01075 has remained a Seller's Market.
Key Takeaway
01075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01075, MA
How much do homes in 01075, MA cost?
Median Sold Price
$350,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01075 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 01075 was $350,000 in March 2024, up 7.7% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $217.6K | -5.4% |
| 2 Bedrooms | $266K | $310K | +16.5% |
| 3 Bedrooms | $353.7K | $370K | +4.6% |
| 4 Bedrooms | $335K | $410K | +22.4% |
| 5+ Bedrooms | $420K | $384.2K | -8.5% |
Summary: 01075 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in 01075, MA
How many homes are available in 01075, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The 01075 real estate market had 33 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 01075 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 decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01075, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 01075 in March 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for 01075, MA
How long does it take to sell a home in 01075, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 27 Days | -39.6% |
Summary: Homes in 01075 had an average of 27 days on market in Mar 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01075 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in 01075; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
