Is Barre, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Barre was a Seller's Market.
Key Takeaway
Barre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Barre, MA
How much do homes in Barre, MA cost?
Median Sold Price
$255,000
$242/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Barre have sold for 37% less than they did a month ago.
Summary: The median home sold price in Barre was $255,000 in May 2024, down 37% from last month, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $50K | - | N/A |
| 3 Bedrooms | $405K | - | N/A |
| 4 Bedrooms | - | $255K | N/A |
| 5+ Bedrooms | $434K | - | N/A |
Summary: Barre housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oakham | $630K | $750K | +19.0% |
| Barre | $405K | $255K | -37.0% |
Housing Supply in Barre, MA
How many homes are available in Barre, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Barre real estate market had 15 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Barre housing inventory by bedroom type for May 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 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
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 Barre, 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 Barre in May 2024, down by 80.0% 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 Barre, MA
How long does it take to sell a home in Barre, MA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 Days | 18 Days | -74.0% |
Summary: Homes in Barre had an average of 18 days on market in May 2024, down by 74% compared to last month.
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 Barre are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Barre; 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.
