Is Byfield, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Byfield is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Byfield was a Seller's Market.

Key Takeaway

Byfield 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 Byfield, MA

How much do homes in Byfield, MA cost?

Median Sold Price

$1,337,000

$355/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$487,000(+57.3%)

Key Takeaway

Homes in Byfield have sold for 57.3% more than they did a month ago.

Summary: The median home sold price in Byfield was $1,337,000 in May 2024, up 57.3% from last month, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $850K-
N/A
4 -$1.3M
N/A
5+ -$1.2M
N/A

Summary: Byfield housing prices by bedroom type for May 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 Byfield, MA

How many homes are available in Byfield, MA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
412+200.0%

Summary: The Byfield real estate market had 12 homes for sale in May 2024, a 200.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 26
+200.0%
4 14
+300.0%
5+ 11
0.0%

Summary: The Byfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Byfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Byfield in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Byfield, MA

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

Average Sale Time

Apr 2024May 2024CHANGE
27 Days13 Days-50.0%

Summary: Homes in Byfield had an average of 13 days on market in May 2024, down by 50% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Byfield are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Byfield; 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 16 Days Ago

Newest Listings in Byfield, MA

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