Is 01118, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 01118 was a Seller's Market.
Housing Prices in 01118, MA
How much do homes in 01118, MA cost?
Median Sold Price
$290,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 01118 was $290,000 in March 2024, up 9.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $230K | $260K | +13.0% |
3 Bedrooms | $275K | $291.5K | +6.0% |
4 Bedrooms | $300K | $302.5K | +0.8% |
5+ Bedrooms | $435K | $342.5K | -21.3% |
Summary: 01118 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 13%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 21.3%.
Housing Supply in 01118, MA
How many homes are available in 01118, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 32 | +3.2% |
Summary: The 01118 real estate market had 32 homes for sale in March 2024, a 3.2% increase 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 | 7 | 4 | -42.9% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 01118 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 42.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 01118 in March 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for 01118, MA
How long does it take to sell a home in 01118, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 20 Days | -40.7% |
Summary: Homes in 01118 had an average of 20 days on market in Mar 2024, down by 40.7% compared to last year.
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
Summary: During March 2024, 4 homes were sold in 01118; 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.