$64,500
2.95 Acres
Land
#73281790, Donald Mailloux, Listing Office: Coldwell Banker Community REALTORS®
Is Colrain, 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, Colrain has remained a Seller's Market.
Key Takeaway
Colrain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Colrain, MA
How much do homes in Colrain, MA cost?
Median Sold Price
$590,000
$240/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$15,000(+2.6%)
Key Takeaway
Homes in Colrain have sold for 2.6% more than they did a month ago.
Summary: The median home sold price in Colrain was $590,000 in August 2024, up 2.6% from last month, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $575K | $590K | +2.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $559.7K | - | N/A |
Summary: Colrain housing prices by bedroom type for August 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 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Leyden | $276K | $530K | +92.0% |
| Colrain | $575K | $590K | +2.6% |
Housing Supply in Colrain, MA
How many homes are available in Colrain, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Colrain real estate market had 5 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Colrain housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colrain, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Colrain in August 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Colrain, MA
How long does it take to sell a home in Colrain, MA?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 73 Days | 86 Days | +17.8% |
Summary: Homes in Colrain had an average of 86 days on market in Aug 2024, up by 17.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Colrain has remained consistent over time.
Summary: During August 2024, 1 homes were sold in Colrain; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
