Is 01108, 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, 01108 has remained a Seller's Market.
Key Takeaway
01108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01108, MA
How much do homes in 01108, MA cost?
Median Sold Price
$305,666
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01108 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 01108 was $305,666 in April 2024, up 8.4% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $162K | +4.5% |
| 2 Bedrooms | $238K | $241.5K | +1.5% |
| 3 Bedrooms | $260.1K | $267.5K | +2.8% |
| 4 Bedrooms | $289K | $303.7K | +5.1% |
| 5+ Bedrooms | $310K | $350K | +12.9% |
Summary: 01108 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 01108, MA
How many homes are available in 01108, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 63 | -6.0% |
Summary: The 01108 real estate market had 63 homes for sale in April 2024, a 6.0% decrease 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 39 | 36 | -7.7% |
Summary: The 01108 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 decreased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01108, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 01108 in April 2024, up by 36.4% month-over-month. Of the 15 sold homes, 20% were sold under asking, 13% were sold at asking, and 67% were sold over asking.
Days on Market for 01108, MA
How long does it take to sell a home in 01108, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 31 Days | -9.2% |
Summary: Homes in 01108 had an average of 31 days on market in Apr 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
11 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 01108 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in 01108; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
