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 November 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

$328,750

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,750(+7.1%)

Key Takeaway

Homes in 01107 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 01107 was $328,750 in November 2024, up 7.1% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $219.5K$280K
+27.6%
3 $266K$289.9K
+9.0%
4 $290K$306K
+5.5%
5+ $310K$360K
+16.1%

Summary: 01107 housing prices by bedroom type for November 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 16.1%.

Median Sold Price Compared To Nearby Zip Codes

01104
+9.4%
01107
+7.1%
01013
+5.3%

Housing Supply in 01107, MA

How many homes are available in 01107, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1710-41.2%

Summary: The 01107 real estate market had 10 homes for sale in November 2024, a 41.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 20
-100.0%
5+ 126
-50.0%

Summary: The 01107 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01107, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 01107 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
17 Days30 Days+71.4%

Summary: Homes in 01107 had an average of 30 days on market in Nov 2024, up by 71.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01107 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 01107; 50% of homes were sold within 30 days, 50% 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

Newest Listings in 01107, MA

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