Is 01523, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01523 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01523 has remained a Seller's Market.

Key Takeaway

01523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01523, MA

How much do homes in 01523, MA cost?

Median Sold Price

$600,000

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$107,500(+21.8%)

Key Takeaway

Homes in 01523 have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in 01523 was $600,000 in November 2024, up 21.8% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $206K$240K
+16.5%
2 $435K$504K
+15.9%
3 $472K$600.5K
+27.2%
4 $597.5K$725K
+21.3%
5+ $642.5K$502.5K
-21.8%

Summary: 01523 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 27.2%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 21.8%.

Median Sold Price Compared To Nearby Zip Codes

01523
+21.8%
01451
+9.1%
01453
+7.4%
01510
+6.8%
01740
+6.7%

Housing Supply in 01523, MA

How many homes are available in 01523, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2927-6.9%

Summary: The 01523 real estate market had 27 homes for sale in November 2024, a 6.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1010
0.0%
4 87
-12.5%
5+ 53
-40.0%

Summary: The 01523 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01523, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 01523 in November 2024, up by 100.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for 01523, MA

How long does it take to sell a home in 01523, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days36 Days+27.9%

Summary: Homes in 01523 had an average of 36 days on market in Nov 2024, up by 27.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01523 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 01523; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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