$5,522 Closing Credit*
$465,000
2,156 SqFt
3 Beds
•2 Full Baths
#73316430, Erin Bailey, Listing Office: Coldwell Banker Realty - Western MA
Is 01028, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 01028 has remained a Seller's Market.
Key Takeaway
01028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01028, MA
How much do homes in 01028, MA cost?
Median Sold Price
$387,450
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,450(+2.0%)
Key Takeaway
Homes in 01028 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 01028 was $387,450 in November 2024, up 2% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $298K | $320K | +7.4% |
| 3 Bedrooms | $345K | $362.5K | +5.1% |
| 4 Bedrooms | $486K | $450K | -7.4% |
| 5+ Bedrooms | $368K | $521K | +41.6% |
Summary: 01028 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 41.6%.
Housing Supply in 01028, MA
How many homes are available in 01028, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 58 | -4.9% |
Summary: The 01028 real estate market had 58 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 28 | 25 | -10.7% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 01028 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01028, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 01028 in November 2024, up by 20.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 01028, MA
How long does it take to sell a home in 01028, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 43 Days | +156.2% |
Summary: Homes in 01028 had an average of 43 days on market in Nov 2024, up by 156.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01028 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 01028; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
