Is 01863, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 01863 has remained a Seller's Market.
Key Takeaway
01863 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01863, MA
How much do homes in 01863, MA cost?
Median Sold Price
$502,500
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01863 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 01863 was $502,500 in April 2024, up 6.9% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $237.5K | +1.1% |
| 2 Bedrooms | $415K | $440K | +6.0% |
| 3 Bedrooms | $555K | $595K | +7.2% |
| 4 Bedrooms | $620K | $672.5K | +8.5% |
| 5+ Bedrooms | $792.5K | $752.5K | -5.0% |
Summary: 01863 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 01863, MA
How many homes are available in 01863, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Summary: The 01863 real estate market had 27 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 01863 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01863, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 01863 in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 01863, MA
How long does it take to sell a home in 01863, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 23 Days | -21.7% |
Summary: Homes in 01863 had an average of 23 days on market in Apr 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
8 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 01863 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 01863; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
