Is 01748, 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, 01748 has remained a Seller's Market.
Key Takeaway
01748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01748, MA
How much do homes in 01748, MA cost?
Median Sold Price
$875,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01748 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 01748 was $875,000 in March 2024, up 7.4% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $540K | $420K | -22.2% |
| 2 Bedrooms | $699K | $765K | +9.4% |
| 3 Bedrooms | $676K | $650K | -3.8% |
| 4 Bedrooms | $1.1M | $1.2M | +9.1% |
| 5+ Bedrooms | $1.6M | $1.7M | +4.3% |
Summary: 01748 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 01748, MA
How many homes are available in 01748, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 48 | +37.1% |
Summary: The 01748 real estate market had 48 homes for sale in March 2024, a 37.1% increase 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 | 11 | 14 | +27.3% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 11 | 19 | +72.7% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 01748 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 increased by 27.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01748, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 01748 in March 2024, up by 75.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for 01748, MA
How long does it take to sell a home in 01748, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 95 Days | 14 Days | -84.7% |
Summary: Homes in 01748 had an average of 14 days on market in Mar 2024, down by 84.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01748 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in 01748; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
