$2,933 Closing Credit*
$247,000
682 SqFt
1 Bed
•1 Full Bath
#73312621, Megan Tolland, Listing Office: Realty Executives Boston West
Is 01701, 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, 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
$680,666
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,666(+4.7%)
Key Takeaway
Homes in 01701 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 01701 was $680,666 in October 2024, up 4.7% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257K | $270K | +5.1% |
| 2 Bedrooms | $899.7K | $500K | -44.4% |
| 3 Bedrooms | $590.4K | $630K | +6.7% |
| 4 Bedrooms | $780K | $810K | +3.8% |
| 5+ Bedrooms | $797.5K | $882K | +10.6% |
Summary: 01701 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in 01701, MA
How many homes are available in 01701, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 96 | +10.3% |
Summary: The 01701 real estate market had 96 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 35 | 45 | +28.6% |
| 4 Bedrooms | 32 | 28 | -12.5% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 01701 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01701, you could pay more than the asking price. 70.8% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 01701 in October 2024, down by 4.0% month-over-month. Of the 24 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 20 Days | +20.6% |
Summary: Homes in 01701 had an average of 20 days on market in Oct 2024, up by 20.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 24 homes were sold in 01701; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
