$3,561 Closing Credit*
$299,900
2,288 SqFt
6 Beds
•2 Full Baths
#73314952, Allen Murray, Listing Office: Home Equity Assets Realty, LLC
Is 01109, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 01109 has remained a Seller's Market.
Key Takeaway
01109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01109, MA
How much do homes in 01109, MA cost?
Median Sold Price
$270,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+8.0%)
Key Takeaway
Homes in 01109 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 01109 was $270,000 in October 2024, up 8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $250K | +16.3% |
| 3 Bedrooms | $245K | $257K | +4.9% |
| 4 Bedrooms | $257K | $267K | +3.9% |
| 5+ Bedrooms | $292.5K | $322K | +10.1% |
Summary: 01109 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 16.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in 01109, MA
How many homes are available in 01109, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 87 | +2.4% |
Summary: The 01109 real estate market had 87 homes for sale in October 2024, a 2.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 30 | 24 | -20.0% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 28 | 32 | +14.3% |
Summary: The 01109 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 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01109, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 01109 in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 24% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for 01109, MA
How long does it take to sell a home in 01109, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 43 Days | +13.5% |
Summary: Homes in 01109 had an average of 43 days on market in Oct 2024, up by 13.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01109 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 01109; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
