Is 01841, 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, 01841 has remained a Seller's Market.
Key Takeaway
01841 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01841, MA
How much do homes in 01841, MA cost?
Median Sold Price
$476,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01841 have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in 01841 was $476,000 in March 2024, down 5.7% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $180K | 0.0% |
| 2 Bedrooms | $240K | $287.5K | +19.8% |
| 3 Bedrooms | $425K | $410K | -3.5% |
| 4 Bedrooms | $478.5K | $480K | 0.3% |
| 5+ Bedrooms | $660K | $707K | +7.1% |
Summary: 01841 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 01841, MA
How many homes are available in 01841, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The 01841 real estate market had 24 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 01841 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01841, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 01841 in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 01841, MA
How long does it take to sell a home in 01841, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 23 Days | 63 Days | +170.7% |
Summary: Homes in 01841 had an average of 63 days on market in Mar 2024, up by 170.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01841 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 01841; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
