$4,511 Closing Credit*
$379,900
1,279 SqFt
3 Beds
•1 Full Bath
#73312810, Steve Sterczala, Listing Office: The O'Rourke Group Real Estate Professionals
Is 01609, 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, 01609 has remained a Seller's Market.
Key Takeaway
01609 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01609, MA
How much do homes in 01609, MA cost?
Median Sold Price
$567,400
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,400(+13.3%)
Key Takeaway
Homes in 01609 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 01609 was $567,400 in October 2024, up 13.3% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.3K | $235K | +19.1% |
| 2 Bedrooms | $242.5K | $544.9K | +124.7% |
| 3 Bedrooms | $496K | $559.8K | +12.9% |
| 4 Bedrooms | $538.5K | $627.5K | +16.5% |
| 5+ Bedrooms | $612K | $713K | +16.5% |
Summary: 01609 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 124.7%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 16.5%.
Housing Supply in 01609, MA
How many homes are available in 01609, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 45 | +12.5% |
Summary: The 01609 real estate market had 45 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The 01609 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01609, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 01609 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for 01609, MA
How long does it take to sell a home in 01609, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 25 Days | +2.5% |
Summary: Homes in 01609 had an average of 25 days on market in Oct 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01609 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 01609; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
