Is Parker Hill, 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, Parker Hill has remained a Seller's Market.
Key Takeaway
Parker Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parker Hill, MA
How much do homes in Parker Hill, MA cost?
Median Sold Price
$927,500
$610/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Parker Hill have sold for 6% more than they did a year ago.
Summary: The median home sold price in Parker Hill was $927,500 in April 2024, up 6% from last year, and the median price per square foot was $610.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $477.5K | - | N/A |
| 2 Bedrooms | $999K | $670K | -32.9% |
| 3 Bedrooms | $591.6K | $880K | +48.7% |
| 4 Bedrooms | $400K | $655K | +63.7% |
| 5+ Bedrooms | $2.2M | $2.7M | +20.8% |
Summary: Parker Hill 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 decreased by 32.9%, 3 bedroom homes increased by 48.7%, 4 bedroom homes increased by 63.7%, and 5+ bedroom homes increased by 20.8%.
Housing Supply in Parker Hill, MA
How many homes are available in Parker Hill, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Parker Hill real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Parker Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Parker Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Parker Hill in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Parker Hill, MA
How long does it take to sell a home in Parker Hill, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 268 Days | 41 Days | -84.5% |
Summary: Homes in Parker Hill had an average of 41 days on market in Apr 2024, down by 84.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parker Hill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Parker Hill; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
