Is 01462, 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, 01462 has remained a Seller's Market.
Key Takeaway
01462 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01462, MA
How much do homes in 01462, MA cost?
Median Sold Price
$497,450
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01462 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 01462 was $497,450 in March 2024, up 7% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $320K | +18.5% |
| 2 Bedrooms | $335.5K | $410K | +22.2% |
| 3 Bedrooms | $467.5K | $482.5K | +3.2% |
| 4 Bedrooms | $599.4K | $700K | +16.8% |
| 5+ Bedrooms | $548.5K | $760K | +38.6% |
Summary: 01462 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 38.6%.
Housing Supply in 01462, MA
How many homes are available in 01462, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 42 | +27.3% |
Summary: The 01462 real estate market had 42 homes for sale in March 2024, a 27.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 01462 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 13 | +160.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01462, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01462 in March 2024, up by 160.0% month-over-month. Of the 13 sold homes, 23% were sold under asking, 0% were sold at asking, and 77% were sold over asking.
Days on Market for 01462, MA
How long does it take to sell a home in 01462, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 28 Days | -40.9% |
Summary: Homes in 01462 had an average of 28 days on market in Mar 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01462 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 01462; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
