Is 01109, 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, 01109 has remained a Seller's Market.
Key Takeaway
01109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01109, MA
How much do homes in 01109, MA cost?
Median Sold Price
$265,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01109 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 01109 was $265,000 in April 2024, up 8.2% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | $242.5K | +26.0% |
| 3 Bedrooms | $240K | $250K | +4.2% |
| 4 Bedrooms | $240K | $259K | +7.9% |
| 5+ Bedrooms | $280K | $310K | +10.7% |
Summary: 01109 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in 01109, MA
How many homes are available in 01109, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 80 | 77 | -3.8% |
Summary: The 01109 real estate market had 77 homes for sale in April 2024, a 3.8% 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 19 | 10 | -47.4% |
| 5+ Bedrooms | 32 | 37 | +15.6% |
Summary: The 01109 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 22.2%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 47.4%, and 5+ bedroom homes increased by 15.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 26 | +52.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01109, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 01109 in April 2024, up by 52.9% month-over-month. Of the 26 sold homes, 19% were sold under asking, 12% were sold at asking, and 69% were sold over asking.
Days on Market for 01109, MA
How long does it take to sell a home in 01109, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 31 Days | -33.8% |
Summary: Homes in 01109 had an average of 31 days on market in Apr 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01109 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in 01109; 62% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
