Is 01331, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 01331 has remained a Seller's Market.
Key Takeaway
01331 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01331, MA
How much do homes in 01331, MA cost?
Median Sold Price
$300,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01331 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 01331 was $300,000 in March 2024, up 5.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $192.7K | +32.0% |
| 2 Bedrooms | $248.7K | $274.9K | +10.5% |
| 3 Bedrooms | $295.9K | $325K | +9.8% |
| 4 Bedrooms | $287.5K | $290K | +0.9% |
| 5+ Bedrooms | $335K | $297.9K | -11.1% |
Summary: 01331 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in 01331, MA
How many homes are available in 01331, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 54 | +12.5% |
Summary: The 01331 real estate market had 54 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 01331 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 increased by 25%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 13 | +333.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01331, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01331 in March 2024, up by 333.3% month-over-month. Of the 13 sold homes, 23% were sold under asking, 31% were sold at asking, and 46% were sold over asking.
Days on Market for 01331, MA
How long does it take to sell a home in 01331, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 62 Days | +99.3% |
Summary: Homes in 01331 had an average of 62 days on market in Mar 2024, up by 99.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01331 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 01331; 54% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
