Is Middlesex County, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Middlesex County has remained a Seller's Market.
Housing Prices in Middlesex County, MA
How much do homes in Middlesex County, MA cost?
Median Sold Price
$779,868
$414/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Middlesex County was $779,868 in June 2024, up 8.8% from last year, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $372.4K | $407K | +9.3% |
2 Bedrooms | $518.3K | $574.8K | +10.9% |
3 Bedrooms | $675.4K | $725.6K | +7.4% |
4 Bedrooms | $899.3K | $978.7K | +8.8% |
5+ Bedrooms | $1.2M | $1.3M | +7.3% |
Summary: Middlesex County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Counties
Middlesex County | $716.7K | $779.8K | +8.8% |
Norfolk County | $650K | $705.6K | +8.5% |
Worcester County | $420.7K | $455.9K | +8.4% |
Essex County | $599.9K | $638.9K | +6.5% |
Suffolk County | $751K | $775K | +3.2% |
Housing Supply in Middlesex County, MA
How many homes are available in Middlesex County, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4,772 | 4,687 | -1.8% |
Summary: The Middlesex County real estate market had 4,687 homes for sale in June 2024, a 1.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 193 | 183 | -5.2% |
2 Bedrooms | 902 | 849 | -5.9% |
3 Bedrooms | 1,485 | 1,460 | -1.7% |
4 Bedrooms | 1,266 | 1,263 | -0.2% |
5+ Bedrooms | 926 | 932 | +0.6% |
Summary: The Middlesex County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.2%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 0.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,307 | 1,412 | +8.0% |
Asking Price vs. Sold Price
349 Homes Were Sold
Under Asking
126 Homes Were Sold
At Asking
937 Homes Were Sold
Over Asking
Summary: A total of 1,412 homes were sold or pending in Middlesex County in June 2024, up by 8.0% month-over-month. Of the 1,412 sold homes, 25% were sold under asking, 9% were sold at asking, and 66% were sold over asking.
Days on Market for Middlesex County, MA
How long does it take to sell a home in Middlesex County, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
22 Days | 21 Days | -3.8% |
Summary: Homes in Middlesex County had an average of 21 days on market in Jun 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
1,177 Homes Were Sold
Under 30 Days
198 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Summary: During June 2024, 1412 homes were sold in Middlesex County; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.