Is Topsfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Topsfield was a Seller's Market.
Housing Prices in Topsfield, MA
How much do homes in Topsfield, MA cost?
Median Sold Price
$865,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Topsfield was $865,000 in June 2024, up 14.6% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $399K | $425K | +6.5% |
2 Bedrooms | $575K | $702.5K | +22.2% |
3 Bedrooms | $672.5K | $795.5K | +18.3% |
4 Bedrooms | $875K | $940K | +7.4% |
5+ Bedrooms | $1.1M | $1.0M | -12.8% |
Summary: Topsfield housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Cities
Wenham | $862.5K | $1.2M | +39.1% |
Hamilton | $714K | $879K | +23.1% |
South Hamilton | $711K | $874.5K | +23.0% |
Topsfield | $755K | $865K | +14.6% |
Boxford | $915K | $925K | +1.1% |
Housing Supply in Topsfield, MA
How many homes are available in Topsfield, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 24 | 0.0% |
Summary: The Topsfield real estate market had 24 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Topsfield housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Topsfield in June 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Topsfield, MA
How long does it take to sell a home in Topsfield, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
15 Days | 13 Days | -13.1% |
Summary: Homes in Topsfield had an average of 13 days on market in Jun 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Topsfield; 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.