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 September 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

$434,000

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,000(+0.9%)

Key Takeaway

Homes in 01073 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 01073 was $434,000 in September 2024, up 0.9% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $430K$276K
-35.8%
2 $197K$323K
+64.0%
3 $420K$498.9K
+18.8%
4 $539.5K$434K
-19.6%
5+ $395K$667K
+68.9%

Summary: 01073 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes increased by 64%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 68.9%.

Median Sold Price Compared To Nearby Zip Codes

01040
+5.6%
01027
+5.3%
01073
+0.9%

Housing Supply in 01073, MA

How many homes are available in 01073, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1416+14.3%

Summary: The 01073 real estate market had 16 homes for sale in September 2024, a 14.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The 01073 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were 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, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 01073 in September 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Sep 2023Sep 2024CHANGE
19 Days49 Days+151.3%

Summary: Homes in 01073 had an average of 49 days on market in Sep 2024, up by 151.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 6 homes were sold in 01073; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 29 Days Ago

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