Is 01606, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 01606 has remained a Seller's Market.
Key Takeaway
01606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01606, MA
How much do homes in 01606, MA cost?
Median Sold Price
$418,500
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01606 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 01606 was $418,500 in April 2024, up 4.6% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $264K | $365K | +38.3% |
| 2 Bedrooms | $326K | $365K | +12.0% |
| 3 Bedrooms | $400K | $425K | +6.3% |
| 4 Bedrooms | $435K | $455K | +4.6% |
| 5+ Bedrooms | $557.5K | $585K | +4.9% |
Summary: 01606 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.3%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 01606, MA
How many homes are available in 01606, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The 01606 real estate market had 44 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 01606 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01606, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 01606 in April 2024, down by 31.3% month-over-month. Of the 11 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 01606, MA
How long does it take to sell a home in 01606, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 15 Days | -15.1% |
Summary: Homes in 01606 had an average of 15 days on market in Apr 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01606 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 01606; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
