Is 01605, 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, 01605 was a Seller's Market.
Key Takeaway
01605 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 01605, MA
How much do homes in 01605, MA cost?
Median Sold Price
$445,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01605 have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in 01605 was $445,000 in March 2024, up 14.1% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $189.9K | +29.2% |
| 2 Bedrooms | $327.5K | $311K | -5.0% |
| 3 Bedrooms | $370K | $429K | +15.9% |
| 4 Bedrooms | $430K | $458.5K | +6.6% |
| 5+ Bedrooms | $531.5K | $607.5K | +14.3% |
Summary: 01605 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in 01605, MA
How many homes are available in 01605, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The 01605 real estate market had 41 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 01605 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 decreased by 33.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 6 | -64.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 01605, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 01605 in March 2024, down by 64.7% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 01605, MA
How long does it take to sell a home in 01605, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 44 Days | +18.4% |
Summary: Homes in 01605 had an average of 44 days on market in Mar 2024, up by 18.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01605 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 01605; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
