$9,499 Closing Credit*
$799,900
2,648 SqFt
6 Beds
•3 Full Baths
#73315146, Yaa Frimpongmaah, Listing Office: Century 21 XSELL REALTY
Is 01603, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 01603 was a Seller's Market.
Key Takeaway
01603 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 01603, MA
How much do homes in 01603, MA cost?
Median Sold Price
$400,500
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,500(+4.0%)
Key Takeaway
Homes in 01603 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 01603 was $400,500 in October 2024, up 4% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $202K | -8.2% |
| 2 Bedrooms | $285K | $320K | +12.3% |
| 3 Bedrooms | $350K | $400K | +14.3% |
| 4 Bedrooms | $405K | $425K | +4.9% |
| 5+ Bedrooms | $598K | $667.5K | +11.6% |
Summary: 01603 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 01603, MA
How many homes are available in 01603, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 54 | +14.9% |
Summary: The 01603 real estate market had 54 homes for sale in October 2024, a 14.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 10 | 17 | +70.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The 01603 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 70%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01603, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 01603 in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for 01603, MA
How long does it take to sell a home in 01603, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 31 Days | +63.2% |
Summary: Homes in 01603 had an average of 31 days on market in Oct 2024, up by 63.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01603 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 01603; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
