Is 01602, 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, 01602 has remained a Seller's Market.
Housing Prices in 01602, MA
How much do homes in 01602, MA cost?
Median Sold Price
$426,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 01602 was $426,000 in March 2024, up 9.2% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289.2K | - | N/A |
2 Bedrooms | $306K | $330K | +7.8% |
3 Bedrooms | $380K | $415K | +9.2% |
4 Bedrooms | $450K | $447.5K | -0.6% |
5+ Bedrooms | $580K | $625K | +7.8% |
Summary: 01602 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 increased by 7.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 01602, MA
How many homes are available in 01602, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 42 | -4.5% |
Summary: The 01602 real estate market had 42 homes for sale in March 2024, a 4.5% decrease 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 | 7 | 7 | 0.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 01602 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 22 | +144.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 01602 in March 2024, up by 144.4% month-over-month. Of the 22 sold homes, 18% were sold under asking, 5% were sold at asking, and 77% were sold over asking.
Days on Market for 01602, MA
How long does it take to sell a home in 01602, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 37 Days | -13.0% |
Summary: Homes in 01602 had an average of 37 days on market in Mar 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 01602; 55% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.