Is 01107, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01107 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01107 has remained a Seller's Market.

Key Takeaway

01107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01107, MA

How much do homes in 01107, MA cost?

Median Sold Price

$324,500

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,500(+8.5%)

Key Takeaway

Homes in 01107 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 01107 was $324,500 in October 2024, up 8.5% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $219.5K$280K
+27.6%
3 $266K$289.9K
+9.0%
4 $290K$306K
+5.5%
5+ $310K$352.5K
+13.7%

Summary: 01107 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 27.6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

01104
+9.4%
01107
+8.5%
01013
+7.1%

Housing Supply in 01107, MA

How many homes are available in 01107, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1417+21.4%

Summary: The 01107 real estate market had 17 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 02
+100.0%
5+ 1312
-7.7%

Summary: The 01107 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01107, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 01107 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 01107, MA

How long does it take to sell a home in 01107, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days32 Days+29.1%

Summary: Homes in 01107 had an average of 32 days on market in Oct 2024, up by 29.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 01107 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 01107; 25% of homes were sold within 30 days, 75% 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

Newest Listings in 01107, MA

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