$5,343 Closing Credit*
$449,900
1,595 SqFt
4 Beds
•2 Full Baths
#73320260, Amy Mullen, Listing Office: RE/MAX Prof Associates
Is 01588, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 01588 has remained a Seller's Market.
Key Takeaway
01588 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01588, MA
How much do homes in 01588, MA cost?
Median Sold Price
$449,500
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,750(+4.6%)
Key Takeaway
Homes in 01588 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 01588 was $449,500 in November 2024, up 4.6% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | - | N/A |
| 2 Bedrooms | $300K | $343K | +14.3% |
| 3 Bedrooms | $425K | $415.5K | -2.2% |
| 4 Bedrooms | $660K | $625K | -5.3% |
| 5+ Bedrooms | $530K | $535K | +0.9% |
Summary: 01588 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 01588, MA
How many homes are available in 01588, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 32 | -15.8% |
Summary: The 01588 real estate market had 32 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 01588 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 decreased by 16.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01588, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 01588 in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.
Days on Market for 01588, MA
How long does it take to sell a home in 01588, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 22 Days | -14.3% |
Summary: Homes in 01588 had an average of 22 days on market in Nov 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
11 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 01588 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 01588; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
