Is 01106, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01106 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01106 has remained a Seller's Market.

Key Takeaway

01106 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01106, MA

How much do homes in 01106, MA cost?

Median Sold Price

$477,500

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,500(+1.6%)

Key Takeaway

Homes in 01106 have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in 01106 was $477,500 in October 2024, up 1.6% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $312K$375K
+20.2%
3 $412.7K$432.5K
+4.8%
4 $500K$542.5K
+8.5%
5+ $600K$637.5K
+6.3%

Summary: 01106 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

06082
+10.6%
01108
+8.3%
01106
+1.6%
01028
0.3%
01001
0.0%

Housing Supply in 01106, MA

How many homes are available in 01106, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6766-1.5%

Summary: The 01106 real estate market had 66 homes for sale in October 2024, a 1.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2832
+14.3%
4 2925
-13.8%
5+ 55
0.0%

Summary: The 01106 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 20%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1721+23.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01106, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 01106 in October 2024, up by 23.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 14% were sold at asking, and 38% were sold over asking.

Days on Market for 01106, MA

How long does it take to sell a home in 01106, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days34 Days+15.6%

Summary: Homes in 01106 had an average of 34 days on market in Oct 2024, up by 15.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01106 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in 01106; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

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