Is 01585, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01585 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 01585 was a Neutral Market.

Key Takeaway

01585 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01585, MA

How much do homes in 01585, MA cost?

Median Sold Price

$429,000

$333/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$89,100(+26.2%)

Key Takeaway

Homes in 01585 have sold for 26.2% more than they did a month ago.

Summary: The median home sold price in 01585 was $429,000 in February 2024, up 26.2% from last month, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $370.9K$429K
+15.6%
4 $320K-
N/A
5+ --
N/A

Summary: 01585 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 15.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 01585, MA

How many homes are available in 01585, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1916-15.8%

Summary: The 01585 real estate market had 16 homes for sale in February 2024, a 15.8% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 128
-33.3%
4 43
-25.0%
5+ 34
+33.3%

Summary: The 01585 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01585, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 01585 in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 01585, MA

How long does it take to sell a home in 01585, MA?

Average Sale Time

Jan 2024Feb 2024CHANGE
44 Days57 Days+28.6%

Summary: Homes in 01585 had an average of 57 days on market in Feb 2024, up by 28.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 01585 has remained consistent over time.

Summary: During February 2024, 1 homes were sold in 01585; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

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