Is 01463, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01463 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01463 has remained a Seller's Market.

Key Takeaway

01463 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01463, MA

How much do homes in 01463, MA cost?

Median Sold Price

$553,500

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,500(+7.9%)

Key Takeaway

Homes in 01463 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 01463 was $553,500 in October 2024, up 7.9% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $310K$328.5K
+6.0%
3 $479.9K$541.7K
+12.9%
4 $675K$644K
-4.6%
5+ $555K$595K
+7.2%

Summary: 01463 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 6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Zip Codes

03033
+16.3%
01827
+14.4%
01463
+7.9%
01450
0.0%

Housing Supply in 01463, MA

How many homes are available in 01463, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
42420.0%

Summary: The 01463 real estate market had 42 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1718
+5.9%
4 1918
-5.3%
5+ 12
+100.0%

Summary: The 01463 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 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01463, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 01463 in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 01463, MA

How long does it take to sell a home in 01463, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days59 Days+62.7%

Summary: Homes in 01463 had an average of 59 days on market in Oct 2024, up by 62.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01463 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 01463; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 27 Days Ago

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