Is 01907, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 01907 was a Seller's Market.
Key Takeaway
01907 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 01907, MA
How much do homes in 01907, MA cost?
Median Sold Price
$690,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01907 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 01907 was $690,000 in March 2024, up 2.6% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $326.6K | $350K | +7.2% |
| 2 Bedrooms | $417.5K | $445.9K | +6.8% |
| 3 Bedrooms | $658.5K | $665K | +1.0% |
| 4 Bedrooms | $815.5K | $949K | +16.4% |
| 5+ Bedrooms | $992.5K | $1.3M | +31.0% |
Summary: 01907 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 31%.
Housing Supply in 01907, MA
How many homes are available in 01907, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 38 | +65.2% |
Summary: The 01907 real estate market had 38 homes for sale in March 2024, a 65.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 1 | 7 | +600.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 01907 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 44.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 600%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 01907, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 01907 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 01907, MA
How long does it take to sell a home in 01907, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 13 Days | -75.3% |
Summary: Homes in 01907 had an average of 13 days on market in Mar 2024, down by 75.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01907 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 01907; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
