Is 01451, 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, 01451 was a Buyer's Market.
Key Takeaway
01451 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01451, MA
How much do homes in 01451, MA cost?
Median Sold Price
$940,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01451 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 01451 was $940,000 in March 2024, up 3.3% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $706.6K | $620K | -12.3% |
| 3 Bedrooms | $785K | $745K | -5.1% |
| 4 Bedrooms | $1.0M | $1.0M | +5.0% |
| 5+ Bedrooms | $1.6M | $1.7M | +5.0% |
Summary: 01451 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 decreased by 12.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Zip Codes
| 01740 | $765K | $870K | +13.7% |
| 01523 | $459.9K | $499.9K | +8.7% |
| 01451 | $910K | $940K | +3.3% |
| 01719 | $635K | $567.5K | -10.6% |
Housing Supply in 01451, MA
How many homes are available in 01451, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The 01451 real estate market had 10 homes for sale in March 2024, a 66.7% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 01451 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01451, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 01451 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 01451, MA
How long does it take to sell a home in 01451, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 353 Days | 51 Days | -85.4% |
Summary: Homes in 01451 had an average of 51 days on market in Mar 2024, down by 85.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01451 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 01451; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
