$4,036 Closing Credit*
$339,900
3,114 SqFt
6 Beds
•3 Full Baths
#73320825, The Madison Team, Listing Office: Lock and Key Realty Inc.
Is 01109, 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, 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 November 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 November 2024, up 8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $250K | +16.3% |
| 3 Bedrooms | $245K | $257K | +4.9% |
| 4 Bedrooms | $259K | $270K | +4.2% |
| 5+ Bedrooms | $287.5K | $338K | +17.6% |
Summary: 01109 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 16.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 17.6%.
Housing Supply in 01109, MA
How many homes are available in 01109, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 94 | +2.2% |
Summary: The 01109 real estate market had 94 homes for sale in November 2024, a 2.2% increase 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 | 7 | -12.5% |
| 3 Bedrooms | 28 | 31 | +10.7% |
| 4 Bedrooms | 24 | 20 | -16.7% |
| 5+ Bedrooms | 32 | 36 | +12.5% |
Summary: The 01109 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 12.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01109, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 01109 in November 2024, up by 22.2% month-over-month. Of the 22 sold homes, 36% were sold under asking, 5% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 40 Days | +11.4% |
Summary: Homes in 01109 had an average of 40 days on market in Nov 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 22 homes were sold in 01109; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
