$5,926 Closing Credit*
$499,000
2,438 SqFt
4 Beds
•1 Full Bath, 1 Partial
#73314947, Monique Frigon, Listing Office: RE/MAX Generations
Is 01501, 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, 01501 has remained a Seller's Market.
Key Takeaway
01501 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01501, MA
How much do homes in 01501, MA cost?
Median Sold Price
$427,750
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,750(+0.6%)
Key Takeaway
Homes in 01501 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 01501 was $427,750 in October 2024, up 0.6% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $200K | +14.3% |
| 2 Bedrooms | $330K | $361.5K | +9.5% |
| 3 Bedrooms | $422.5K | $431K | +2.0% |
| 4 Bedrooms | $510K | $489.5K | -4.0% |
| 5+ Bedrooms | $595K | $632.5K | +6.3% |
Summary: 01501 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 01501, MA
How many homes are available in 01501, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 57 | +7.5% |
Summary: The 01501 real estate market had 57 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 01501 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01501, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 01501 in October 2024, the same as the previous month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% were sold over asking.
Days on Market for 01501, MA
How long does it take to sell a home in 01501, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +37.7% |
Summary: Homes in 01501 had an average of 28 days on market in Oct 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01501 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 01501; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
