Is Amesbury, 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, Amesbury was a Seller's Market.
Key Takeaway
Amesbury is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Amesbury, MA
How much do homes in Amesbury, MA cost?
Median Sold Price
$578,500
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Amesbury have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Amesbury was $578,500 in March 2024, up 6.6% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258.5K | $390K | +50.9% |
| 2 Bedrooms | $400K | $445K | +11.3% |
| 3 Bedrooms | $600K | $632.5K | +5.4% |
| 4 Bedrooms | $677K | $790K | +16.7% |
| 5+ Bedrooms | $719K | $672.5K | -6.5% |
Summary: Amesbury housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Merrimac | $547.5K | $615K | +12.3% |
| Amesbury | $542.7K | $578.5K | +6.6% |
| Amesbury Town | $542.7K | $578.5K | +6.6% |
| Newburyport | $762K | $790.2K | +3.7% |
Housing Supply in Amesbury, MA
How many homes are available in Amesbury, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 46 | +12.2% |
Summary: The Amesbury real estate market had 46 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Amesbury housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 57.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amesbury, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Amesbury in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Amesbury, MA
How long does it take to sell a home in Amesbury, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 65 Days | -7.1% |
Summary: Homes in Amesbury had an average of 65 days on market in Mar 2024, down by 7.1% 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
Key Takeaway
Many homes in Amesbury are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Amesbury; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
