Is 01940, 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, 01940 was a Buyer's Market.
Housing Prices in 01940, MA
How much do homes in 01940, MA cost?
Median Sold Price
$1,000,500
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 01940 was $1,000,500 in March 2024, up 9.6% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $390K | $375K | -3.8% |
2 Bedrooms | $612.5K | $595K | -2.9% |
3 Bedrooms | $840K | $850.5K | +1.3% |
4 Bedrooms | $1.2M | $1.2M | -1.0% |
5+ Bedrooms | $1.6M | $1.5M | -6.0% |
Summary: 01940 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 6%.
Housing Supply in 01940, MA
How many homes are available in 01940, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Summary: The 01940 real estate market had 20 homes for sale in March 2024, a 4.8% decrease 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 | 2 | 1 | -50.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 01940 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 decreased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 01940 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 01940, MA
How long does it take to sell a home in 01940, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
13 Days | 103 Days | +694.9% |
Summary: Homes in 01940 had an average of 103 days on market in Mar 2024, up by 694.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 01940; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.