Is 01013, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01013 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01013 has remained a Seller's Market.

Key Takeaway

01013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01013, MA

How much do homes in 01013, MA cost?

Median Sold Price

$300,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+7.1%)

Key Takeaway

Homes in 01013 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 01013 was $300,000 in October 2024, up 7.1% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$121.5K
-2.8%
2 $230K$230K
0.0%
3 $270K$286K
+5.9%
4 $292.5K$347.5K
+18.8%
5+ $350K$400K
+14.3%

Summary: 01013 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

01020
+10.5%
01104
+9.4%
01107
+8.5%
01013
+7.1%
01040
+4.2%

Housing Supply in 01013, MA

How many homes are available in 01013, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4341-4.7%

Summary: The 01013 real estate market had 41 homes for sale in October 2024, a 4.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 68
+33.3%
3 2318
-21.7%
4 35
+66.7%
5+ 99
0.0%

Summary: The 01013 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01013, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 01013 in October 2024, down by 46.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 01013, MA

How long does it take to sell a home in 01013, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days21 Days-44.3%

Summary: Homes in 01013 had an average of 21 days on market in Oct 2024, down by 44.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01013 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 01013; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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