Is 01905, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01905 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01905 has remained a Seller's Market.

Key Takeaway

01905 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01905, MA

How much do homes in 01905, MA cost?

Median Sold Price

$585,000

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+10.4%)

Key Takeaway

Homes in 01905 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 01905 was $585,000 in November 2024, up 10.4% from last year, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $206.7K$385K
+86.2%
2 $420K$412.5K
-1.8%
3 $516.9K$570K
+10.3%
4 $600K$625K
+4.2%
5+ $760K$837.5K
+10.2%

Summary: 01905 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.2%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Zip Codes

01905
+10.4%
01904
+6.2%
01902
+5.4%
01906
+5.0%

Housing Supply in 01905, MA

How many homes are available in 01905, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4641-10.9%

Summary: The 01905 real estate market had 41 homes for sale in November 2024, a 10.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 106
-40.0%
3 2421
-12.5%
4 88
0.0%
5+ 33
0.0%

Summary: The 01905 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01905, you could pay more than the asking price. 92.9% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 01905 in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 7% were sold under asking, 0% were sold at asking, and 93% were sold over asking.

Days on Market for 01905, MA

How long does it take to sell a home in 01905, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days14 Days-32.8%

Summary: Homes in 01905 had an average of 14 days on market in Nov 2024, down by 32.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01905 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 01905; 93% of homes were sold within 30 days, 7% 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 01905, MA

Nearby Markets to 01905, MA