Is Salisbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Salisbury was a Seller's Market.
Key Takeaway
Salisbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Salisbury, MA
How much do homes in Salisbury, MA cost?
Median Sold Price
$599,900
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Salisbury have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Salisbury was $599,900 in April 2024, up 16.5% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253K | $271K | +7.1% |
| 2 Bedrooms | $442.5K | $510K | +15.3% |
| 3 Bedrooms | $516K | $600K | +16.3% |
| 4 Bedrooms | $550K | $689.9K | +25.4% |
| 5+ Bedrooms | $760K | $795.6K | +4.7% |
Summary: Salisbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Salisbury | $515K | $599.9K | +16.5% |
| Amesbury | $538.3K | $610K | +13.3% |
| Amesbury Town | $538.3K | $610K | +13.3% |
| Newburyport | $759.9K | $800K | +5.3% |
Housing Supply in Salisbury, MA
How many homes are available in Salisbury, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Salisbury real estate market had 23 homes for sale in April 2024, a 15.0% increase 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 5 | 1 | -80.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Salisbury 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 increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Salisbury, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Salisbury in April 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 22 Days | +111.5% |
Summary: Homes in Salisbury had an average of 22 days on market in Apr 2024, up by 111.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 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 April 2024, 1 homes were sold in Salisbury; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.