Is 01778, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01778 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01778 has remained a Seller's Market.

Key Takeaway

01778 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01778, MA

How much do homes in 01778, MA cost?

Median Sold Price

$1,005,000

$437/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 01778 has remained the same since last year.

Summary: The median home sold price in 01778 was $1,005,000 in November 2024, the same as last year, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $500K$620K
+24.0%
2 $817K$802.5K
-1.8%
3 $925K$859K
-7.1%
4 $1.2M$1.4M
+20.3%
5+ $1.7M$1.8M
+4.5%

Summary: 01778 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

01776
+9.5%
02493
+5.1%
01760
+3.6%
01701
+3.0%
01778
0.0%

Housing Supply in 01778, MA

How many homes are available in 01778, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6348-23.8%

Summary: The 01778 real estate market had 48 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1210
-16.7%
3 1815
-16.7%
4 2418
-25.0%
5+ 85
-37.5%

Summary: The 01778 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14140.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01778, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 01778 in November 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.

Days on Market for 01778, MA

How long does it take to sell a home in 01778, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days24 Days+59.9%

Summary: Homes in 01778 had an average of 24 days on market in Nov 2024, up by 59.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01778 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 01778; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 01778, MA

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