Is 01867, 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, 01867 has remained a Seller's Market.
Key Takeaway
01867 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01867, MA
How much do homes in 01867, MA cost?
Median Sold Price
$800,000
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01867 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 01867 was $800,000 in March 2024, up 4.4% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $426.2K | $390K | -8.5% |
| 2 Bedrooms | $542.5K | $635K | +17.1% |
| 3 Bedrooms | $750K | $779K | +3.9% |
| 4 Bedrooms | $956.2K | $912.5K | -4.6% |
| 5+ Bedrooms | $1.0M | $1.2M | +14.3% |
Summary: 01867 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in 01867, MA
How many homes are available in 01867, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 65 | +22.6% |
Summary: The 01867 real estate market had 65 homes for sale in March 2024, a 22.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 11 | 17 | +54.5% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 01867 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01867, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 01867 in March 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for 01867, MA
How long does it take to sell a home in 01867, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 34 Days | -38.9% |
Summary: Homes in 01867 had an average of 34 days on market in Mar 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01867 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in 01867; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
