Is 01970, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01970 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01970 has remained a Seller's Market.

Key Takeaway

01970 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01970, MA

How much do homes in 01970, MA cost?

Median Sold Price

$599,193

$393/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$54,326(+10.0%)

Key Takeaway

Homes in 01970 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 01970 was $599,193 in November 2024, up 10% from last year, and the median price per square foot was $393.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $345K$368K
+6.7%
2 $485K$515K
+6.2%
3 $600K$617.5K
+2.9%
4 $667.5K$762K
+14.2%
5+ $765K$965K
+26.1%

Summary: 01970 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 26.1%.

Median Sold Price Compared To Nearby Zip Codes

01960
+10.9%
01970
+10.0%
01907
+8.2%
01945
+6.8%
01904
+6.2%

Housing Supply in 01970, MA

How many homes are available in 01970, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
136119-12.5%

Summary: The 01970 real estate market had 119 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 98
-11.1%
2 5343
-18.9%
3 3738
+2.7%
4 2011
-45.0%
5+ 1719
+11.8%

Summary: The 01970 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 45%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4734-27.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01970, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in 01970 in November 2024, down by 27.7% month-over-month. Of the 34 sold homes, 41% were sold under asking, 6% were sold at asking, and 53% were sold over asking.

Days on Market for 01970, MA

How long does it take to sell a home in 01970, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days32 Days+51.2%

Summary: Homes in 01970 had an average of 32 days on market in Nov 2024, up by 51.2% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01970 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 34 homes were sold in 01970; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% 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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