Is 01905, 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, 01905 has remained a Seller's Market.
Key Takeaway
01905 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01905, MA
How much do homes in 01905, MA cost?
Median Sold Price
$550,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01905 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 01905 was $550,000 in March 2024, up 6.8% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $206.7K | -24.8% |
| 2 Bedrooms | $416K | $420K | +1.0% |
| 3 Bedrooms | $500K | $522.5K | +4.5% |
| 4 Bedrooms | $555K | $620K | +11.7% |
| 5+ Bedrooms | $777.5K | $800K | +2.9% |
Summary: 01905 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.8%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 01905, MA
How many homes are available in 01905, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The 01905 real estate market had 30 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 01905 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01905, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 01905 in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for 01905, MA
How long does it take to sell a home in 01905, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 16 Days | -54.0% |
Summary: Homes in 01905 had an average of 16 days on market in Mar 2024, down by 54% compared to last year.
Breakdown of Home Sale Times
4 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 01905 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 01905; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
