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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gill is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Gill, MA

How much do homes in Gill, MA cost?

Median Sold Price

$552,000

$281/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$160,000(+40.8%)

Key Takeaway

Homes in Gill have sold for 40.8% more than they did a month ago.

Summary: The median home sold price in Gill was $552,000 in September 2024, up 40.8% from last month, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $516K-
N/A
4 -$552K
N/A
5+ $327.5K-
N/A

Summary: Gill housing prices by bedroom type for September 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.

Median Sold Price Compared To Nearby Cities

Northfield
+48.5%
Gill
+40.8%
Bernardston
-5.1%

Housing Supply in Gill, MA

How many homes are available in Gill, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
440.0%

Summary: The Gill real estate market had 4 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 21
-50.0%
4 12
+100.0%
5+ 10
-100.0%

Summary: The Gill housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were 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 Gill, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Gill in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Gill, MA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
61 Days19 Days-69.0%

Summary: Homes in Gill had an average of 19 days on market in Sep 2024, down by 69% 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 Gill are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in Gill; 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 Sep 1, 2024

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