Is 01119, 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, 01119 has remained a Seller's Market.
Key Takeaway
01119 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01119, MA
How much do homes in 01119, MA cost?
Median Sold Price
$293,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01119 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 01119 was $293,000 in April 2024, up 10.8% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152K | - | N/A |
| 2 Bedrooms | $221K | $240K | +8.6% |
| 3 Bedrooms | $266.4K | $288K | +8.1% |
| 4 Bedrooms | $290K | $320K | +10.3% |
| 5+ Bedrooms | $312K | $315K | +1.0% |
Summary: 01119 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 8.6%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 1%.
Housing Supply in 01119, MA
How many homes are available in 01119, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The 01119 real estate market had 34 homes for sale in April 2024, a 13.3% increase 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 01119 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 increased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01119, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 01119 in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for 01119, MA
How long does it take to sell a home in 01119, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 42 Days | +31.3% |
Summary: Homes in 01119 had an average of 42 days on market in Apr 2024, up by 31.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01119 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in 01119; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
