$10,000 Closing Credit*
$975,000
2,412 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73312765, The Janice Sullivan Team, Listing Office: LAER Realty Partners
Is 01940, 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, 01940 has remained a Seller's Market.
Key Takeaway
01940 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01940, MA
How much do homes in 01940, MA cost?
Median Sold Price
$1,000,500
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$89,000(+9.8%)
Key Takeaway
Homes in 01940 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 01940 was $1,000,500 in October 2024, up 9.8% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $402.5K | +3.2% |
| 2 Bedrooms | $540K | $625K | +15.7% |
| 3 Bedrooms | $851K | $850K | -0.1% |
| 4 Bedrooms | $1.1M | $1.3M | +15.6% |
| 5+ Bedrooms | $1.4M | $1.8M | +24.7% |
Summary: 01940 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 15.7%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 24.7%.
Housing Supply in 01940, MA
How many homes are available in 01940, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 49 | +14.0% |
Summary: The 01940 real estate market had 49 homes for sale in October 2024, a 14.0% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 01940 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01940, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 01940 in October 2024, down by 33.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 01940, MA
How long does it take to sell a home in 01940, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 25 Days | +18.1% |
Summary: Homes in 01940 had an average of 25 days on market in Oct 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01940 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 01940; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
