$5,047 Closing Credit*
$425,000
2,424 SqFt
4 Beds
•2 Full Baths
#73315959, Nicolle Serafino, Listing Office: RE/MAX Connections
Is 01089, 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, 01089 has remained a Seller's Market.
Key Takeaway
01089 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01089, MA
How much do homes in 01089, MA cost?
Median Sold Price
$316,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,000(+3.6%)
Key Takeaway
Homes in 01089 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 01089 was $316,000 in November 2024, up 3.6% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $135.1K | +3.9% |
| 2 Bedrooms | $155.5K | $235K | +51.1% |
| 3 Bedrooms | $307.5K | $316K | +2.8% |
| 4 Bedrooms | $317.5K | $355K | +11.8% |
| 5+ Bedrooms | $355K | $335K | -5.6% |
Summary: 01089 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 01089, MA
How many homes are available in 01089, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 52 | -17.5% |
Summary: The 01089 real estate market had 52 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 01089 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 11 | -47.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01089, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 01089 in November 2024, down by 47.6% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 01089, MA
How long does it take to sell a home in 01089, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 34 Days | +53.5% |
Summary: Homes in 01089 had an average of 34 days on market in Nov 2024, up by 53.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01089 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 01089; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
