Is 01915, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01915 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01915 has remained a Seller's Market.

Key Takeaway

01915 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01915, MA

How much do homes in 01915, MA cost?

Median Sold Price

$705,000

$432/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$54,125(+8.3%)

Key Takeaway

Homes in 01915 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 01915 was $705,000 in November 2024, up 8.3% from last year, and the median price per square foot was $432.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $397K$365K
-8.1%
2 $515K$563K
+9.3%
3 $619K$675K
+9.0%
4 $750K$825K
+10.0%
5+ $887.9K$1.1M
+23.9%

Summary: 01915 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 23.9%.

Median Sold Price Compared To Nearby Zip Codes

01970
+10.0%
01915
+8.3%
01944
-14.7%

Housing Supply in 01915, MA

How many homes are available in 01915, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10087-13.0%

Summary: The 01915 real estate market had 87 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1718
+5.9%
3 4638
-17.4%
4 2219
-13.6%
5+ 1411
-21.4%

Summary: The 01915 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2240+81.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01915, you could pay more than the asking price. 57.5% of homes here sold above asking price last month.

Summary: A total of 40 homes were sold or pending in 01915 in November 2024, up by 81.8% month-over-month. Of the 40 sold homes, 35% were sold under asking, 8% were sold at asking, and 57% were sold over asking.

Days on Market for 01915, MA

How long does it take to sell a home in 01915, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days26 Days+46.8%

Summary: Homes in 01915 had an average of 26 days on market in Nov 2024, up by 46.8% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01915 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 40 homes were sold in 01915; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% 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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