Is 01742, 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, 01742 has remained a Seller's Market.
Key Takeaway
01742 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01742, MA
How much do homes in 01742, MA cost?
Median Sold Price
$1,325,000
$503/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01742 have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in 01742 was $1,325,000 in April 2024, down 1.9% from last year, and the median price per square foot was $503.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $501K | N/A |
| 2 Bedrooms | $595K | $625K | +5.0% |
| 3 Bedrooms | $1.0M | $1.0M | +3.8% |
| 4 Bedrooms | $1.4M | $1.5M | +3.8% |
| 5+ Bedrooms | $2.2M | $2.4M | +9.2% |
Summary: 01742 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 9.2%.
Housing Supply in 01742, MA
How many homes are available in 01742, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 69 | -4.2% |
Summary: The 01742 real estate market had 69 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 7 | -41.7% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The 01742 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 41.7%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01742, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 01742 in April 2024, down by 14.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for 01742, MA
How long does it take to sell a home in 01742, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 36 Days | +52.6% |
Summary: Homes in 01742 had an average of 36 days on market in Apr 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01742 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in 01742; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
