Is Shelburne Falls, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Shelburne Falls has remained a Seller's Market.
Key Takeaway
Shelburne Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelburne Falls, MA
How much do homes in Shelburne Falls, MA cost?
Median Sold Price
$429,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Shelburne Falls have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Shelburne Falls was $429,000 in March 2024, up 19.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | - | N/A |
| 2 Bedrooms | $260K | $427.5K | +64.4% |
| 3 Bedrooms | $384.2K | $395K | +2.8% |
| 4 Bedrooms | $350K | $460.4K | +31.5% |
| 5+ Bedrooms | $440K | $665K | +51.1% |
Summary: Shelburne Falls housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 64.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 51.1%.
Median Sold Price Compared To Nearby Cities
| Buckland | $332.5K | $405.6K | +22.0% |
| Shelburne Falls | $360K | $429K | +19.2% |
Housing Supply in Shelburne Falls, MA
How many homes are available in Shelburne Falls, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Shelburne Falls real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shelburne Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shelburne Falls, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Shelburne Falls in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Shelburne Falls, MA
How long does it take to sell a home in Shelburne Falls, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 62 Days | 110 Days | +78.0% |
Summary: Homes in Shelburne Falls had an average of 110 days on market in Mar 2024, up by 78% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Shelburne Falls are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Shelburne Falls; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
