Is 01844, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 01844 has remained a Seller's Market.
Housing Prices in 01844, MA
How much do homes in 01844, MA cost?
Median Sold Price
$540,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 01844 was $540,000 in February 2024, up 6.3% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $266K | +43.8% |
2 Bedrooms | $372K | $400K | +7.5% |
3 Bedrooms | $500K | $530K | +6.0% |
4 Bedrooms | $614K | $595K | -3.1% |
5+ Bedrooms | $675K | $700K | +3.7% |
Summary: 01844 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 01844, MA
How many homes are available in 01844, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
81 | 62 | -23.5% |
Summary: The 01844 real estate market had 62 homes for sale in February 2024, a 23.5% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 18 | 16 | -11.1% |
3 Bedrooms | 38 | 25 | -34.2% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The 01844 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 34.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
38 | 22 | -42.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 01844 in February 2024, down by 42.1% month-over-month. Of the 22 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.
Days on Market for 01844, MA
How long does it take to sell a home in 01844, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
43 Days | 27 Days | -37.6% |
Summary: Homes in 01844 had an average of 27 days on market in Feb 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 22 homes were sold in 01844; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.