Is 01519, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01519 is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 01519 was a Neutral Market.

Key Takeaway

01519 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01519, MA

How much do homes in 01519, MA cost?

Median Sold Price

$650,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$140,000(+27.5%)

Key Takeaway

Homes in 01519 have sold for 27.5% more than they did a year ago.

Summary: The median home sold price in 01519 was $650,000 in February 2024, up 27.5% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $201K-
N/A
2 $355K$415K
+16.9%
3 $430K$517.5K
+20.3%
4 $732.5K$781.5K
+6.7%
5+ $740K$894.5K
+20.9%

Summary: 01519 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Zip Codes

01519
+27.5%
01560
+22.6%
01536
+5.1%
01568
+4.7%

Housing Supply in 01519, MA

How many homes are available in 01519, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
17170.0%

Summary: The 01519 real estate market had 17 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 76
-14.3%
4 55
0.0%
5+ 35
+66.7%

Summary: The 01519 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01519, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 01519 in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 01519, MA

How long does it take to sell a home in 01519, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
13 Days41 Days+215.4%

Summary: Homes in 01519 had an average of 41 days on market in Feb 2024, up by 215.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01519 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 5 homes were sold in 01519; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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