Is 01721, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01721 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 01721 has remained a Seller's Market.

Key Takeaway

01721 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01721, MA

How much do homes in 01721, MA cost?

Median Sold Price

$600,000

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,666(+3.6%)

Key Takeaway

Homes in 01721 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 01721 was $600,000 in April 2024, up 3.6% from last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $425K$360K
-15.3%
2 $523K$535K
+2.3%
3 $527.5K$595K
+12.8%
4 $755K$935K
+23.8%
5+ $735K$779.9K
+6.1%

Summary: 01721 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

01748
+7.8%
01702
+3.8%
01721
+3.6%
01772
+3.1%

Housing Supply in 01721, MA

How many homes are available in 01721, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4049+22.5%

Summary: The 01721 real estate market had 49 homes for sale in April 2024, a 22.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1817
-5.6%
3 1418
+28.6%
4 37
+133.3%
5+ 46
+50.0%

Summary: The 01721 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 5.6%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01721, you could pay more than the asking price. 93.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 01721 in April 2024, up by 6.7% month-over-month. Of the 16 sold homes, 6% were sold under asking, 0% were sold at asking, and 94% were sold over asking.

Days on Market for 01721, MA

How long does it take to sell a home in 01721, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days10 Days-34.0%

Summary: Homes in 01721 had an average of 10 days on market in Apr 2024, down by 34% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01721 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 01721; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

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