$5,937 Closing Credit*
$499,999
1,508 SqFt
3 Beds
•1 Full Bath
#73307611, Shailyn Harrington Danahy, Listing Office: Keller Williams Realty Evolution
Is Salisbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Salisbury has remained a Seller's Market.
Key Takeaway
Salisbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Salisbury, MA
How much do homes in Salisbury, MA cost?
Median Sold Price
$600,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$45,000(+8.1%)
Key Takeaway
Homes in Salisbury have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Salisbury was $600,000 in September 2024, up 8.1% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $330K | +15.8% |
| 2 Bedrooms | $469K | $475K | +1.3% |
| 3 Bedrooms | $600K | $662.5K | +10.4% |
| 4 Bedrooms | $660K | $743K | +12.6% |
| 5+ Bedrooms | $775K | $777K | 0.3% |
Summary: Salisbury housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Newburyport | $765K | $849.9K | +11.1% |
| Salisbury | $555K | $600K | +8.1% |
| Amesbury | $574.2K | $557.5K | -2.9% |
| Amesbury Town | $574.2K | $557.5K | -2.9% |
Housing Supply in Salisbury, MA
How many homes are available in Salisbury, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 45 | 48 | +6.7% |
Summary: The Salisbury real estate market had 48 homes for sale in September 2024, a 6.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Salisbury housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salisbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Salisbury in September 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Salisbury, MA
How long does it take to sell a home in Salisbury, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 35 Days | 42 Days | +20.6% |
Summary: Homes in Salisbury had an average of 42 days on market in Sep 2024, up by 20.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Salisbury are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 10 homes were sold in Salisbury; 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.
