Is Amesbury Town, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amesbury Town is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Amesbury Town has remained a Seller's Market.

Key Takeaway

Amesbury Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Amesbury Town, MA

How much do homes in Amesbury Town, MA cost?

Median Sold Price

$555,000

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-0.9%)

Key Takeaway

Homes in Amesbury Town have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Amesbury Town was $555,000 in October 2024, down 0.9% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K$375K
+15.4%
2 $439.5K$455K
+3.5%
3 $695K$617.5K
-11.2%
4 $704.5K$730K
+3.6%
5+ $657.5K$750K
+14.1%

Summary: Amesbury Town housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Cities

West Newbury
+11.4%
Newburyport
+10.1%
Amesbury Town
-0.9%
Amesbury
-0.9%

Housing Supply in Amesbury Town, MA

How many homes are available in Amesbury Town, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9084-6.7%

Summary: The Amesbury Town real estate market had 84 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 2419
-20.8%
3 4040
0.0%
4 1816
-11.1%
5+ 36
+100.0%

Summary: The Amesbury Town housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 20.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2524-4.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amesbury Town, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Amesbury Town in October 2024, down by 4.0% month-over-month. Of the 24 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Amesbury Town, MA

How long does it take to sell a home in Amesbury Town, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days24 Days+20.8%

Summary: Homes in Amesbury Town had an average of 24 days on market in Oct 2024, up by 20.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Amesbury Town are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in Amesbury Town; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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