$2,565 Closing Credit*
$216,000
625 SqFt
1 Bed
•1 Full Bath
#73313149, Mei Zhou, Listing Office: Coldwell Banker Realty - Andover
Is 01824, 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, 01824 has remained a Seller's Market.
Key Takeaway
01824 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01824, MA
How much do homes in 01824, MA cost?
Median Sold Price
$690,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$90,000(+15.0%)
Key Takeaway
Homes in 01824 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 01824 was $690,000 in October 2024, up 15% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292.5K | $257K | -12.1% |
| 2 Bedrooms | $385K | $420K | +9.1% |
| 3 Bedrooms | $568K | $655K | +15.3% |
| 4 Bedrooms | $745K | $800K | +7.4% |
| 5+ Bedrooms | $795K | $877.5K | +10.4% |
Summary: 01824 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in 01824, MA
How many homes are available in 01824, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 83 | +6.4% |
Summary: The 01824 real estate market had 83 homes for sale in October 2024, a 6.4% increase 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 | 9 | 11 | +22.2% |
| 3 Bedrooms | 39 | 41 | +5.1% |
| 4 Bedrooms | 26 | 24 | -7.7% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 01824 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 increased by 22.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01824, you could pay more than the asking price. 70.4% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 01824 in October 2024, down by 3.6% month-over-month. Of the 27 sold homes, 19% were sold under asking, 11% were sold at asking, and 70% were sold over asking.
Days on Market for 01824, MA
How long does it take to sell a home in 01824, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 21 Days | -0.8% |
Summary: Homes in 01824 had an average of 21 days on market in Oct 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01824 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 01824; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
