Is 01940, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 01940 has remained a Seller's Market.
Housing Prices in 01940, MA
How much do homes in 01940, MA cost?
Median Sold Price
$1,001,000
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 01940 was $1,001,000 in February 2024, up 8.7% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $390K | $375K | -3.8% |
2 Bedrooms | $612.5K | $575K | -6.1% |
3 Bedrooms | $837.5K | $863K | +3.0% |
4 Bedrooms | $1.2M | $1.2M | -2.8% |
5+ Bedrooms | $1.6M | $1.6M | -0.8% |
Summary: 01940 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 01940, MA
How many homes are available in 01940, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Summary: The 01940 real estate market had 22 homes for sale in February 2024, a 8.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 01940 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 01940 in February 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
41 Days | 62 Days | +51.2% |
Summary: Homes in 01940 had an average of 62 days on market in Feb 2024, up by 51.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in 01940; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.