$2,850 Closing Credit*
$240,000
818 SqFt
1 Bed
•1 Full Bath, 1 Partial
#73320861, Jessica Rivera, Listing Office: BKaye Realty
Is 01108, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 01108 has remained a Seller's Market.
Key Takeaway
01108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01108, MA
How much do homes in 01108, MA cost?
Median Sold Price
$332,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+10.7%)
Key Takeaway
Homes in 01108 have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in 01108 was $332,000 in November 2024, up 10.7% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $161K | - | N/A |
| 2 Bedrooms | $237.5K | $268.5K | +13.1% |
| 3 Bedrooms | $270K | $275K | +1.9% |
| 4 Bedrooms | $277.5K | $306.5K | +10.5% |
| 5+ Bedrooms | $325K | $375K | +15.4% |
Summary: 01108 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 13.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 01108, MA
How many homes are available in 01108, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 76 | -16.5% |
Summary: The 01108 real estate market had 76 homes for sale in November 2024, a 16.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 51 | 40 | -21.6% |
Summary: The 01108 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 decreased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 21.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01108, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 01108 in November 2024, the same as the previous month. Of the 23 sold homes, 30% were sold under asking, 9% were sold at asking, and 61% were sold over asking.
Days on Market for 01108, MA
How long does it take to sell a home in 01108, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 37 Days | +20.8% |
Summary: Homes in 01108 had an average of 37 days on market in Nov 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 01108 has remained consistent over time.
Summary: During November 2024, 23 homes were sold in 01108; 43% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
