$4,750 Closing Credit*
$400,000
850 SqFt
2 Beds
•1 Full Bath
#73314157, Hien Lieu, Listing Office: RE/MAX 360
Is 01843, 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, 01843 has remained a Seller's Market.
Key Takeaway
01843 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01843, MA
How much do homes in 01843, MA cost?
Median Sold Price
$553,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,800(+4.5%)
Key Takeaway
Homes in 01843 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 01843 was $553,000 in October 2024, up 4.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $216K | N/A |
| 2 Bedrooms | $350K | $284.6K | -18.7% |
| 3 Bedrooms | $463K | $541.5K | +17.0% |
| 4 Bedrooms | $479.5K | $550K | +14.7% |
| 5+ Bedrooms | $657.5K | $747.5K | +13.7% |
Summary: 01843 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.7%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in 01843, MA
How many homes are available in 01843, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 40 | -7.0% |
Summary: The 01843 real estate market had 40 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 01843 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01843, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 01843 in October 2024, down by 6.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for 01843, MA
How long does it take to sell a home in 01843, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 24 Days | +18.9% |
Summary: Homes in 01843 had an average of 24 days on market in Oct 2024, up by 18.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01843 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 01843; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
