$235,000
Land
#73293979, Genevieve Botelho, Listing Office: Lamacchia Realty, Inc.
Is 01520, 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, 01520 has remained a Seller's Market.
Key Takeaway
01520 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01520, MA
How much do homes in 01520, MA cost?
Median Sold Price
$550,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+6.8%)
Key Takeaway
Homes in 01520 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 01520 was $550,000 in October 2024, up 6.8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $244K | -28.2% |
| 2 Bedrooms | $400K | $402.2K | 0.5% |
| 3 Bedrooms | $460K | $515K | +12.0% |
| 4 Bedrooms | $610K | $675K | +10.7% |
| 5+ Bedrooms | $780K | $697.5K | -10.6% |
Summary: 01520 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Zip Codes
| 01583 | $457K | $510.5K | +11.7% |
| 01522 | $407.5K | $441K | +8.2% |
| 01520 | $515K | $550K | +6.8% |
| 01612 | $469.5K | $500K | +6.5% |
| 01606 | $410K | $432K | +5.4% |
Housing Supply in 01520, MA
How many homes are available in 01520, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Summary: The 01520 real estate market had 51 homes for sale in October 2024, a 18.6% 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 | 12 | 14 | +16.7% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 01520 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 increased by 16.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01520, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01520 in October 2024, up by 44.4% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for 01520, MA
How long does it take to sell a home in 01520, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -15.7% |
Summary: Homes in 01520 had an average of 19 days on market in Oct 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01520 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 01520; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
