$9,499 Closing Credit*
$799,900
2,554 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73320359, The Apex Team, Listing Office: Apex Realty Group, LLC
Is 01940, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$1,000,000
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$79,000(+8.6%)
Key Takeaway
Homes in 01940 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 01940 was $1,000,000 in November 2024, up 8.6% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $382.5K | $402.5K | +5.2% |
| 2 Bedrooms | $540K | $650K | +20.4% |
| 3 Bedrooms | $851K | $850K | -0.1% |
| 4 Bedrooms | $1.1M | $1.3M | +16.3% |
| 5+ Bedrooms | $1.4M | $1.8M | +33.6% |
Summary: 01940 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 20.4%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 33.6%.
Housing Supply in 01940, MA
How many homes are available in 01940, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 39 | -13.3% |
Summary: The 01940 real estate market had 39 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 01940 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 decreased by 42.9%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01940, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01940 in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 22 Days | -41.1% |
Summary: Homes in 01940 had an average of 22 days on market in Nov 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
10 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 November 2024, 13 homes were sold in 01940; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
