$5,224 Closing Credit*
$439,900
1,507 SqFt
3 Beds
•2 Full Baths
#73308522, Jason Fanning, Listing Office: RE/MAX Vision
Is 01612, 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, 01612 has remained a Seller's Market.
Key Takeaway
01612 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01612, MA
How much do homes in 01612, MA cost?
Median Sold Price
$500,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,500(+6.5%)
Key Takeaway
Homes in 01612 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 01612 was $500,000 in October 2024, up 6.5% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $395K | +6.8% |
| 3 Bedrooms | $462.5K | $469.9K | +1.6% |
| 4 Bedrooms | $545K | $683.7K | +25.4% |
| 5+ Bedrooms | $735K | $749.9K | +2.0% |
Summary: 01612 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 2%.
Housing Supply in 01612, MA
How many homes are available in 01612, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The 01612 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 01612 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 01612, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 01612 in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 01612, MA
How long does it take to sell a home in 01612, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 31 Days | +92.9% |
Summary: Homes in 01612 had an average of 31 days on market in Oct 2024, up by 92.9% compared to last year.
Breakdown of Home Sale Times
2 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 01612 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 01612; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
