Is Three Rivers, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Three Rivers has remained a Seller's Market.
Key Takeaway
Three Rivers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Three Rivers, MA
How much do homes in Three Rivers, MA cost?
Median Sold Price
$295,000
$164/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Three Rivers have sold for 107% more than they did a month ago.
Summary: The median home sold price in Three Rivers was $295,000 in May 2024, up 107% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | - | N/A |
| 3 Bedrooms | $185K | $365K | +97.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $225K | N/A |
Summary: Three Rivers 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 increased by 97.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Three Rivers, MA
How many homes are available in Three Rivers, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Three Rivers real estate market had 8 homes for sale in May 2024, a 60.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Three Rivers 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Three Rivers, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Three Rivers in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Three Rivers, MA
How long does it take to sell a home in Three Rivers, MA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 106 Days | 13 Days | -87.3% |
Summary: Homes in Three Rivers had an average of 13 days on market in May 2024, down by 87.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Three Rivers are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Three Rivers; 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.
