Is Metro Center, 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, Metro Center has remained a Seller's Market.
Housing Prices in Metro Center, MA
How much do homes in Metro Center, MA cost?
Median Sold Price
$242,500
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Metro Center was $242,500 in April 2024, up 188.7% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.5K | $128K | +89.6% |
2 Bedrooms | $94.9K | $205K | +116.0% |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | $303K | N/A |
5+ Bedrooms | $298K | $371.5K | +24.7% |
Summary: Metro Center housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 89.6%, 2 bedroom homes increased by 116%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Neighborhoods
Metro Center | $84K | $242.5K | +188.7% |
Six Corners | $225K | $251.5K | +11.8% |
Memorial Square | $289.5K | $305K | +5.4% |
South End | $300K | $315K | +5.0% |
McKnight | $260K | $265K | +1.9% |
Housing Supply in Metro Center, MA
How many homes are available in Metro Center, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Summary: The Metro Center real estate market had 6 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Metro Center 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Metro Center in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Metro Center, MA
How long does it take to sell a home in Metro Center, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 19 Days | -51.8% |
Summary: Homes in Metro Center had an average of 19 days on market in Apr 2024, down by 51.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Metro Center; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.