Is 01225, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01225 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 01225 was a Neutral Market.

Key Takeaway

01225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01225, MA

How much do homes in 01225, MA cost?

Median Sold Price

$542,450

$276/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$134,450(+33.0%)

Key Takeaway

Homes in 01225 have sold for 33% more than they did a month ago.

Summary: The median home sold price in 01225 was $542,450 in November 2024, up 33% from last month, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $408K$542.4K
+33.0%
4 --
N/A
5+ --
N/A

Summary: 01225 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 33%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 01225, MA

How many homes are available in 01225, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The 01225 real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 01225 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01225, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 01225 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 01225, MA

How long does it take to sell a home in 01225, MA?

Average Sale Time

Oct 2024Nov 2024CHANGE
27 Days14 Days-46.3%

Summary: Homes in 01225 had an average of 14 days on market in Nov 2024, down by 46.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01225 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 01225; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

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