Is 01073, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01073 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01073 has remained a Seller's Market.

Key Takeaway

01073 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01073, MA

How much do homes in 01073, MA cost?

Median Sold Price

$499,900

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$74,900(+17.6%)

Key Takeaway

Homes in 01073 have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in 01073 was $499,900 in November 2024, up 17.6% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $332.5K$317K
-4.7%
2 $165K$323K
+95.8%
3 $420K$499.9K
+19.0%
4 $534.5K$585K
+9.4%
5+ $395K$546K
+38.2%

Summary: 01073 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 95.8%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 38.2%.

Median Sold Price Compared To Nearby Zip Codes

01073
+17.6%
01040
+4.9%
01027
+4.3%

Housing Supply in 01073, MA

How many homes are available in 01073, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2419-20.8%

Summary: The 01073 real estate market had 19 homes for sale in November 2024, a 20.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 20
-100.0%
3 108
-20.0%
4 76
-14.3%
5+ 44
0.0%

Summary: The 01073 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 decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01073, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 01073 in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for 01073, MA

How long does it take to sell a home in 01073, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days13 Days+18.3%

Summary: Homes in 01073 had an average of 13 days on market in Nov 2024, up by 18.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01073 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 01073; 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.

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

Report Updated 22 Days Ago

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