Is 01107, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 01107 has remained a Seller's Market.
Key Takeaway
01107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01107, MA
How much do homes in 01107, MA cost?
Median Sold Price
$328,500
$127/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 01107 have sold for 9.5% more than they did a month ago.
Summary: The median home sold price in 01107 was $328,500 in March 2024, up 9.5% from last month, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $269K | - | N/A |
| 4 Bedrooms | $350K | $296K | -15.4% |
| 5+ Bedrooms | $300K | $395K | +31.7% |
Summary: 01107 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 31.7%.
Housing Supply in 01107, MA
How many homes are available in 01107, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Summary: The 01107 real estate market had 15 homes for sale in March 2024, a 28.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 13 | 7 | -46.2% |
Summary: The 01107 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 increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 46.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01107, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 01107 in March 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 01107, MA
How long does it take to sell a home in 01107, MA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 30 Days | -33.3% |
Summary: Homes in 01107 had an average of 30 days on market in Mar 2024, down by 33.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01107 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 01107; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
