Is 01104, 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, 01104 has remained a Seller's Market.
Key Takeaway
01104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01104, MA
How much do homes in 01104, MA cost?
Median Sold Price
$270,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01104 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 01104 was $270,000 in March 2024, up 5.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $167K | N/A |
| 2 Bedrooms | $213K | $238K | +11.7% |
| 3 Bedrooms | $247K | $253.5K | +2.6% |
| 4 Bedrooms | $265.5K | $290K | +9.2% |
| 5+ Bedrooms | $305.6K | $340K | +11.2% |
Summary: 01104 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in 01104, MA
How many homes are available in 01104, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The 01104 real estate market had 47 homes for sale in March 2024, a 4.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 01104 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01104, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 01104 in March 2024, up by 23.1% month-over-month. Of the 16 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 01104, MA
How long does it take to sell a home in 01104, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 37 Days | -36.1% |
Summary: Homes in 01104 had an average of 37 days on market in Mar 2024, down by 36.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01104 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in 01104; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
