Is 01854, 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, 01854 has remained a Seller's Market.
Key Takeaway
01854 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01854, MA
How much do homes in 01854, MA cost?
Median Sold Price
$470,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01854 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 01854 was $470,000 in March 2024, up 6.8% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285.9K | $250K | -12.6% |
| 2 Bedrooms | $285K | $325K | +14.0% |
| 3 Bedrooms | $472.4K | $485K | +2.7% |
| 4 Bedrooms | $479.5K | $540K | +12.6% |
| 5+ Bedrooms | $580K | $660K | +13.8% |
Summary: 01854 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in 01854, MA
How many homes are available in 01854, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The 01854 real estate market had 33 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 01854 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01854, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 01854 in March 2024, up by 50.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% were sold over asking.
Days on Market for 01854, MA
How long does it take to sell a home in 01854, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 35 Days | +24.4% |
Summary: Homes in 01854 had an average of 35 days on market in Mar 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01854 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 01854; 73% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
