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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colrain is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Colrain has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Colrain, MA

How much do homes in Colrain, MA cost?

Median Sold Price

$127,000

$99/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$98,750(+349.6%)

Key Takeaway

Homes in Colrain have sold for 349.6% more than they did a month ago.

Summary: The median home sold price in Colrain was $127,000 in March 2024, up 349.6% from last month, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $30K-
N/A
3 -$127K
N/A
4 $26.5K-
N/A
5+ --
N/A

Summary: Colrain 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 Colrain, MA

How many homes are available in Colrain, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
63-50.0%

Summary: The Colrain real estate market had 3 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 20
-100.0%
5+ 11
0.0%

Summary: The Colrain 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased 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 Colrain, 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 Colrain 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 Colrain, MA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
74 Days153 Days+106.8%

Summary: Homes in Colrain had an average of 153 days on market in Mar 2024, up by 106.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Colrain are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Colrain; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Colrain, MA

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