$8,301 Closing Credit*
$699,000
2,016 SqFt
4 Beds
•2 Full Baths
#73320466, Lynne Hagopian, Listing Office: Coldwell Banker Realty - Framingham
Is 01701, 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, 01701 has remained a Seller's Market.
Key Takeaway
01701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01701, MA
How much do homes in 01701, MA cost?
Median Sold Price
$679,800
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,800(+3.0%)
Key Takeaway
Homes in 01701 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 01701 was $679,800 in November 2024, up 3% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $290K | +16.0% |
| 2 Bedrooms | $824.5K | $465K | -43.6% |
| 3 Bedrooms | $600K | $634K | +5.7% |
| 4 Bedrooms | $780K | $810K | +3.8% |
| 5+ Bedrooms | $815K | $820K | +0.6% |
Summary: 01701 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes decreased by 43.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in 01701, MA
How many homes are available in 01701, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 85 | -15.8% |
Summary: The 01701 real estate market had 85 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 | 3 | 2 | -33.3% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 47 | 40 | -14.9% |
| 4 Bedrooms | 32 | 25 | -21.9% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 01701 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 33 | +17.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01701, you could pay more than the asking price. 57.6% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 01701 in November 2024, up by 17.9% month-over-month. Of the 33 sold homes, 36% were sold under asking, 6% were sold at asking, and 58% were sold over asking.
Days on Market for 01701, MA
How long does it take to sell a home in 01701, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 25 Days | +34.8% |
Summary: Homes in 01701 had an average of 25 days on market in Nov 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01701 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in 01701; 76% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
