$4,452 Closing Credit*
$374,900
1,470 SqFt
2 Beds
•3 Full Baths
#73320383, Luiz Fernando Coelho, Listing Office: 1 Worcester Homes
Is 01605, 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, 01605 has remained a Seller's Market.
Key Takeaway
01605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01605, MA
How much do homes in 01605, MA cost?
Median Sold Price
$450,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+5.9%)
Key Takeaway
Homes in 01605 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 01605 was $450,000 in November 2024, up 5.9% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | $233.9K | +23.2% |
| 2 Bedrooms | $313K | $368.5K | +17.7% |
| 3 Bedrooms | $412K | $429.4K | +4.2% |
| 4 Bedrooms | $453K | $470K | +3.8% |
| 5+ Bedrooms | $570K | $645K | +13.2% |
Summary: 01605 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.2%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in 01605, MA
How many homes are available in 01605, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 48 | -7.7% |
Summary: The 01605 real estate market had 48 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 01605 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 15.4%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01605, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 01605 in November 2024, the same as the previous month. Of the 16 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for 01605, MA
How long does it take to sell a home in 01605, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +105.9% |
Summary: Homes in 01605 had an average of 47 days on market in Nov 2024, up by 105.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01605 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 01605; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
