Is 01851, 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, 01851 has remained a Seller's Market.
Key Takeaway
01851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01851, MA
How much do homes in 01851, MA cost?
Median Sold Price
$486,854
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01851 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 01851 was $486,854 in March 2024, up 8.2% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $310K | $350K | +12.9% |
| 3 Bedrooms | $445K | $500K | +12.4% |
| 4 Bedrooms | $461.7K | $532.7K | +15.4% |
| 5+ Bedrooms | $626K | $660.3K | +5.5% |
Summary: 01851 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 12.9%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 01851, MA
How many homes are available in 01851, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The 01851 real estate market had 26 homes for sale in March 2024, a 16.1% decrease 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 | 10 | 4 | -60.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 01851 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 decreased by 60%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01851, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 01851 in March 2024, down by 27.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for 01851, MA
How long does it take to sell a home in 01851, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 26 Days | +8.8% |
Summary: Homes in 01851 had an average of 26 days on market in Mar 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
6 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 01851 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 01851; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
