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 November 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

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 November 2024, up 9.4% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$167K
+1.2%
2 $225K$245K
+8.9%
3 $250K$285.5K
+14.2%
4 $282K$295K
+4.6%
5+ $322.7K$361.2K
+11.9%

Summary: 01104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

01104
+9.4%
01109
+8.0%
01107
+7.1%
01105
+3.7%

Housing Supply in 01104, MA

How many homes are available in 01104, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6860-11.8%

Summary: The 01104 real estate market had 60 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 3128
-9.7%
4 1915
-21.1%
5+ 119
-18.2%

Summary: The 01104 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2118-14.3%

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 November 2024, down by 14.3% 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

Nov 2023Nov 2024CHANGE
19 Days24 Days+23.2%

Summary: Homes in 01104 had an average of 24 days on market in Nov 2024, up by 23.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 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 November 2024, 18 homes were sold in 01104; 78% of homes were sold within 30 days, 22% 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 21 Days Ago

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