Is Booth Apartments Area, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Booth Apartments Area is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Booth Apartments Area was a Seller's Market.

Key Takeaway

Booth Apartments Area is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Booth Apartments Area, MA

How much do homes in Booth Apartments Area, MA cost?

Median Sold Price

$340,000

$172/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$62,500(+22.5%)

Key Takeaway

Homes in Booth Apartments Area have sold for 22.5% more than they did a month ago.

Summary: The median home sold price in Booth Apartments Area was $340,000 in March 2024, up 22.5% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $277.5K-
N/A
3 --
N/A
4 -$340K
N/A
5+ --
N/A

Summary: Booth Apartments Area housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Booth Apartments Area, MA

How many homes are available in Booth Apartments Area, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Booth Apartments Area real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 46
+50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Booth Apartments Area 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Booth Apartments Area, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Booth Apartments Area in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Booth Apartments Area, MA

How long does it take to sell a home in Booth Apartments Area, MA?

Average Sale Time

Feb 2024Mar 2024CHANGE
34 Days28 Days-18.8%

Summary: Homes in Booth Apartments Area had an average of 28 days on market in Mar 2024, down by 18.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Booth Apartments Area are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Booth Apartments Area; 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.

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

Report Updated 27 Days Ago

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