Is 01845, 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, 01845 has remained a Seller's Market.
Key Takeaway
01845 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01845, MA
How much do homes in 01845, MA cost?
Median Sold Price
$710,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01845 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 01845 was $710,000 in March 2024, up 4.8% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $272K | +20.9% |
| 2 Bedrooms | $386K | $435K | +12.7% |
| 3 Bedrooms | $625K | $640K | +2.4% |
| 4 Bedrooms | $925K | $930K | 0.5% |
| 5+ Bedrooms | $1.0M | $1.0M | +6.1% |
Summary: 01845 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 01845, MA
How many homes are available in 01845, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 56 | +40.0% |
Summary: The 01845 real estate market had 56 homes for sale in March 2024, a 40.0% increase 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 | 10 | 17 | +70.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 9 | 14 | +55.6% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 01845 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 increased by 70%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01845, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01845 in March 2024, up by 62.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 0% were sold at asking, and 77% were sold over asking.
Days on Market for 01845, MA
How long does it take to sell a home in 01845, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 26 Days | +18.5% |
Summary: Homes in 01845 had an average of 26 days on market in Mar 2024, up by 18.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01845 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 01845; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
