Is 01950, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01950 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01950 has remained a Seller's Market.

Key Takeaway

01950 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01950, MA

How much do homes in 01950, MA cost?

Median Sold Price

$847,000

$525/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,000(+9.3%)

Key Takeaway

Homes in 01950 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 01950 was $847,000 in November 2024, up 9.3% from last year, and the median price per square foot was $525.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $390K$428K
+9.7%
2 $625K$650K
+4.0%
3 $830K$972.5K
+17.2%
4 $1.3M$1.2M
-5.3%
5+ $1.0M$1.7M
+65.9%

Summary: 01950 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 65.9%.

Median Sold Price Compared To Nearby Zip Codes

01985
+20.8%
01952
+15.1%
01950
+9.3%
01951
+8.9%
01913
-4.9%

Housing Supply in 01950, MA

How many homes are available in 01950, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10377-25.2%

Summary: The 01950 real estate market had 77 homes for sale in November 2024, a 25.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 3527
-22.9%
3 3122
-29.0%
4 2216
-27.3%
5+ 139
-30.8%

Summary: The 01950 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes decreased by 29%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3519-45.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01950, expect to pay close to the asking price. 36.8% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in 01950 in November 2024, down by 45.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 37% were sold at asking, and 32% were sold over asking.

Days on Market for 01950, MA

How long does it take to sell a home in 01950, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days36 Days+95.3%

Summary: Homes in 01950 had an average of 36 days on market in Nov 2024, up by 95.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01950 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in 01950; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% 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

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