Is Leeds, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Leeds has remained a Seller's Market.
Key Takeaway
Leeds is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leeds, MA
How much do homes in Leeds, MA cost?
Median Sold Price
$445,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Leeds have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Leeds was $445,000 in November 2023, up 5.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $309.5K | $341.7K | +10.4% |
| 3 Bedrooms | $501K | $481K | -4.0% |
| 4 Bedrooms | $599.9K | $830K | +38.4% |
| 5+ Bedrooms | $580K | $875K | +50.9% |
Summary: Leeds housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 50.9%.
Median Sold Price Compared To Nearby Cities
| Williamsburg | $346.5K | $440K | +27.0% |
| Leeds | $421K | $445K | +5.7% |
| Florence | $405K | $399.9K | -1.2% |
| Northampton | $420K | $414.6K | -1.3% |
Housing Supply in Leeds, MA
How many homes are available in Leeds, MA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Leeds real estate market had 4 homes for sale in November 2023, a 20.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leeds housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leeds, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Leeds in November 2023, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Leeds, MA
How long does it take to sell a home in Leeds, MA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 8 Days | 24 Days | +208.3% |
Summary: Homes in Leeds had an average of 24 days on market in Nov 2023, up by 208.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leeds are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Leeds; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
