$3,562 Closing Credit*
$299,987
1,769 SqFt
4 Beds
•1 Full Bath, 1 Partial
#73319620, Bill Nichols, Listing Office: Hampden Realty Center, LLC
Is 01085, 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, 01085 has remained a Seller's Market.
Key Takeaway
01085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01085, MA
How much do homes in 01085, MA cost?
Median Sold Price
$350,666
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,666(+11.7%)
Key Takeaway
Homes in 01085 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 01085 was $350,666 in November 2024, up 11.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253.5K | $155K | -38.9% |
| 2 Bedrooms | $226K | $267.4K | +18.3% |
| 3 Bedrooms | $330K | $356.5K | +8.0% |
| 4 Bedrooms | $390K | $411K | +5.4% |
| 5+ Bedrooms | $380K | $420K | +10.5% |
Summary: 01085 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.9%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 10.5%.
Housing Supply in 01085, MA
How many homes are available in 01085, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 87 | -11.2% |
Summary: The 01085 real estate market had 87 homes for sale in November 2024, a 11.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 22 | 18 | -18.2% |
| 3 Bedrooms | 42 | 39 | -7.1% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 01085 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 31 | -3.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01085, you could pay more than the asking price. 58.1% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in 01085 in November 2024, down by 3.1% month-over-month. Of the 31 sold homes, 29% were sold under asking, 13% were sold at asking, and 58% were sold over asking.
Days on Market for 01085, MA
How long does it take to sell a home in 01085, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 25 Days | -27.3% |
Summary: Homes in 01085 had an average of 25 days on market in Nov 2024, down by 27.3% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01085 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 31 homes were sold in 01085; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
