Is Upper 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, Upper Hill has remained a Seller's Market.
Key Takeaway
Upper Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Hill, MA
How much do homes in Upper Hill, MA cost?
Median Sold Price
$295,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Upper Hill have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Upper Hill was $295,000 in April 2024, up 17.4% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $248K | +15.3% |
| 3 Bedrooms | $204.9K | $245K | +19.5% |
| 4 Bedrooms | $197.5K | $268.5K | +35.9% |
| 5+ Bedrooms | $270K | $323K | +19.6% |
Summary: Upper 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 increased by 15.3%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 19.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Hill | $251.2K | $295K | +17.4% |
| East Forest Park | $260K | $290K | +11.5% |
| Pine Point | $240K | $261K | +8.8% |
| Sixteen Acres | $271.5K | $295K | +8.7% |
| Bay | $254.7K | $265K | +4.0% |
Housing Supply in Upper Hill, MA
How many homes are available in Upper Hill, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Upper Hill real estate market had 16 homes for sale in April 2024, a 14.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Upper Hill 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Upper Hill in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Upper Hill, MA
How long does it take to sell a home in Upper Hill, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 85 Days | 23 Days | -72.6% |
Summary: Homes in Upper Hill had an average of 23 days on market in Apr 2024, down by 72.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Hill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Upper 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.
