Is 01945, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01945 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01945 has remained a Seller's Market.

Key Takeaway

01945 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01945, MA

How much do homes in 01945, MA cost?

Median Sold Price

$949,500

$517/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,500(+6.8%)

Key Takeaway

Homes in 01945 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 01945 was $949,500 in November 2024, up 6.8% from last year, and the median price per square foot was $517.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $375K$410K
+9.3%
2 $622K$740K
+19.0%
3 $850K$947K
+11.4%
4 $1.2M$1.2M
+4.2%
5+ $1.5M$1.8M
+19.8%

Summary: 01945 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Zip Codes

01970
+10.0%
01915
+8.3%
01945
+6.8%
01944
-14.7%

Housing Supply in 01945, MA

How many homes are available in 01945, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6254-12.9%

Summary: The 01945 real estate market had 54 homes for sale in November 2024, a 12.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 87
-12.5%
3 1817
-5.6%
4 2016
-20.0%
5+ 1313
0.0%

Summary: The 01945 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01945, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 01945 in November 2024, down by 15.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% were sold over asking.

Days on Market for 01945, MA

How long does it take to sell a home in 01945, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days60 Days+106.1%

Summary: Homes in 01945 had an average of 60 days on market in Nov 2024, up by 106.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01945 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 01945; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 3 Days Ago

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