$3,788 Closing Credit*
$319,000
984 SqFt
3 Beds
•1 Full Bath
#73312795, Marisol Franco, Listing Office: Coldwell Banker Realty - Western MA
Is 01085, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$350,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,500(+12.0%)
Key Takeaway
Homes in 01085 have sold for 12% more than they did a year ago.
Summary: The median home sold price in 01085 was $350,000 in October 2024, up 12% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253.5K | $166.2K | -34.4% |
| 2 Bedrooms | $225K | $260K | +15.6% |
| 3 Bedrooms | $325K | $352.5K | +8.5% |
| 4 Bedrooms | $390K | $410K | +5.1% |
| 5+ Bedrooms | $400K | $420K | +5.0% |
Summary: 01085 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.4%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 5%.
Housing Supply in 01085, MA
How many homes are available in 01085, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 97 | -2.0% |
Summary: The 01085 real estate market had 97 homes for sale in October 2024, a 2.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 25 | 21 | -16.0% |
| 3 Bedrooms | 36 | 40 | +11.1% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 01085 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01085, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in 01085 in October 2024, down by 3.0% month-over-month. Of the 32 sold homes, 16% were sold under asking, 9% were sold at asking, and 75% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 28 Days | +47.2% |
Summary: Homes in 01085 had an average of 28 days on market in Oct 2024, up by 47.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 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 October 2024, 32 homes were sold in 01085; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
