Is 01835, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01835 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01835 has remained a Seller's Market.

Key Takeaway

01835 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01835, MA

How much do homes in 01835, MA cost?

Median Sold Price

$530,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+10.4%)

Key Takeaway

Homes in 01835 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 01835 was $530,000 in November 2024, up 10.4% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $255K-
N/A
2 $379.7K$403.2K
+6.2%
3 $500.5K$535K
+6.9%
4 $623K$610K
-2.1%
5+ $716.7K$715K
-0.2%

Summary: 01835 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Zip Codes

01832
+16.2%
01835
+10.4%
01830
+5.7%
01834
+3.7%
01921
0.0%

Housing Supply in 01835, MA

How many homes are available in 01835, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6245-27.4%

Summary: The 01835 real estate market had 45 homes for sale in November 2024, a 27.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1211
-8.3%
3 3319
-42.4%
4 86
-25.0%
5+ 98
-11.1%

Summary: The 01835 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 42.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01835, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 01835 in November 2024, down by 13.0% month-over-month. Of the 20 sold homes, 15% were sold under asking, 15% were sold at asking, and 70% were sold over asking.

Days on Market for 01835, MA

How long does it take to sell a home in 01835, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days23 Days+90.7%

Summary: Homes in 01835 had an average of 23 days on market in Nov 2024, up by 90.7% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01835 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 01835; 90% of homes were sold within 30 days, 10% 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 21 Days Ago

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