$6,234 Closing Credit*
$525,000
1,572 SqFt
2 Beds
•2 Full Baths
#73322706, Brian O'Neil, Listing Office: RE/MAX Vision
Is 01501, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$430,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$5,500(+1.3%)
Key Takeaway
Homes in 01501 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 01501 was $430,000 in December 2024, up 1.3% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $250K | +53.8% |
| 2 Bedrooms | $335K | $367.5K | +9.7% |
| 3 Bedrooms | $415K | $442.5K | +6.6% |
| 4 Bedrooms | $505K | $526.2K | +4.2% |
| 5+ Bedrooms | $600K | $642.5K | +7.1% |
Summary: 01501 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.8%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 01501, MA
How many homes are available in 01501, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 34 | -24.4% |
Summary: The 01501 real estate market had 34 homes for sale in December 2024, a 24.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 7 | -46.2% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 15 | 7 | -53.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 01501 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 46.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 53.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01501, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 01501 in December 2024, up by 46.2% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 32 Days | +19.7% |
Summary: Homes in 01501 had an average of 32 days on market in Dec 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 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 December 2024, 19 homes were sold in 01501; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
