Is 01951, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01951 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01951 has remained a Seller's Market.

Key Takeaway

01951 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01951, MA

How much do homes in 01951, MA cost?

Median Sold Price

$999,999

$557/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$99,999(+11.1%)

Key Takeaway

Homes in 01951 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 01951 was $999,999 in October 2024, up 11.1% from last year, and the median price per square foot was $557.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$819K
N/A
2 $742.5K$761.9K
+2.6%
3 $835K$980K
+17.4%
4 $1.2M$1.6M
+26.4%
5+ $905K$2.5M
+180.4%

Summary: 01951 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 180.4%.

Median Sold Price Compared To Nearby Zip Codes

01922
+13.5%
01985
+11.4%
01951
+11.1%
01950
+10.1%

Housing Supply in 01951, MA

How many homes are available in 01951, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2523-8.0%

Summary: The 01951 real estate market had 23 homes for sale in October 2024, a 8.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1212
0.0%
4 76
-14.3%
5+ 22
0.0%

Summary: The 01951 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01951, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 01951 in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 01951, MA

How long does it take to sell a home in 01951, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days51 Days+2.7%

Summary: Homes in 01951 had an average of 51 days on market in Oct 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01951 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 01951; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 16 Days Ago

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