Is 01104, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01104 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01104 has remained a Seller's Market.

Key Takeaway

01104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01104, MA

How much do homes in 01104, MA cost?

Median Sold Price

$290,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+9.4%)

Key Takeaway

Homes in 01104 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 01104 was $290,000 in October 2024, up 9.4% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$167K
+1.2%
2 $230.5K$240K
+4.1%
3 $250K$282.5K
+13.0%
4 $280K$299.3K
+6.9%
5+ $314K$362.5K
+15.4%

Summary: 01104 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

01105
+12.2%
01104
+9.4%
01107
+8.5%
01109
+8.0%

Housing Supply in 01104, MA

How many homes are available in 01104, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6159-3.3%

Summary: The 01104 real estate market had 59 homes for sale in October 2024, a 3.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 2628
+7.7%
4 1315
+15.4%
5+ 129
-25.0%

Summary: The 01104 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01104, you could pay more than the asking price. 72.2% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 01104 in October 2024, up by 20.0% month-over-month. Of the 18 sold homes, 11% were sold under asking, 17% were sold at asking, and 72% were sold over asking.

Days on Market for 01104, MA

How long does it take to sell a home in 01104, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days27 Days+39.0%

Summary: Homes in 01104 had an average of 27 days on market in Oct 2024, up by 39% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01104 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 01104; 61% of homes were sold within 30 days, 39% 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 4 Days Ago

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