Is Liberty Heights, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Liberty Heights has remained a Seller's Market.
Key Takeaway
Liberty Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Liberty Heights, MA
How much do homes in Liberty Heights, MA cost?
Median Sold Price
$286,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Liberty Heights have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Liberty Heights was $286,000 in April 2024, up 11.3% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $167K | N/A |
| 2 Bedrooms | $214.5K | $225K | +4.9% |
| 3 Bedrooms | $240.5K | $265K | +10.2% |
| 4 Bedrooms | $270K | $310K | +14.8% |
| 5+ Bedrooms | $300K | $350K | +16.7% |
Summary: Liberty Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 16.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Metro Center | $84K | $242.5K | +188.7% |
| Liberty Heights | $257K | $286K | +11.3% |
| Memorial Square | $289.5K | $305K | +5.4% |
| Bay | $254.7K | $265K | +4.0% |
| McKnight | $260K | $265K | +1.9% |
Housing Supply in Liberty Heights, MA
How many homes are available in Liberty Heights, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Summary: The Liberty Heights real estate market had 38 homes for sale in April 2024, a 9.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 18 | 12 | -33.3% |
Summary: The Liberty Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liberty Heights, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Liberty Heights in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for Liberty Heights, MA
How long does it take to sell a home in Liberty Heights, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 22 Days | -15.7% |
Summary: Homes in Liberty Heights had an average of 22 days on market in Apr 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Liberty Heights are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Liberty Heights; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
