Is 01876, 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, 01876 has remained a Seller's Market.
Key Takeaway
01876 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01876, MA
How much do homes in 01876, MA cost?
Median Sold Price
$602,000
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01876 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 01876 was $602,000 in March 2024, up 4.7% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $397.5K | - | N/A |
| 2 Bedrooms | $450K | $465K | +3.3% |
| 3 Bedrooms | $580K | $622.5K | +7.3% |
| 4 Bedrooms | $697.5K | $684.2K | -1.9% |
| 5+ Bedrooms | $766.7K | $720K | -6.1% |
Summary: 01876 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 3.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 6.1%.
Housing Supply in 01876, MA
How many homes are available in 01876, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 63 | +43.2% |
Summary: The 01876 real estate market had 63 homes for sale in March 2024, a 43.2% increase 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 | 12 | 20 | +66.7% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 14 | 21 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 01876 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 increased by 66.7%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01876, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 01876 in March 2024, up by 33.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% were sold over asking.
Days on Market for 01876, MA
How long does it take to sell a home in 01876, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +3.5% |
Summary: Homes in 01876 had an average of 33 days on market in Mar 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01876 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in 01876; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
