Is 01151, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 01151 was a Buyer's Market.
Key Takeaway
01151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01151, MA
How much do homes in 01151, MA cost?
Median Sold Price
$290,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01151 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 01151 was $290,000 in April 2024, up 11.5% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182K | - | N/A |
| 2 Bedrooms | $198.7K | $233K | +17.2% |
| 3 Bedrooms | $250.5K | $262.5K | +4.8% |
| 4 Bedrooms | $287.5K | $320K | +11.3% |
| 5+ Bedrooms | $308K | $337K | +9.4% |
Summary: 01151 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 17.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in 01151, MA
How many homes are available in 01151, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Summary: The 01151 real estate market had 28 homes for sale in April 2024, a 9.7% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 01151 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01151, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 01151 in April 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for 01151, MA
How long does it take to sell a home in 01151, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 21 Days | -32.9% |
Summary: Homes in 01151 had an average of 21 days on market in Apr 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01151 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in 01151; 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.
