$3,503 Closing Credit*
$295,000
281 SqFt
Studio
•1 Full Bath
#73307465, John McMahon, Listing Office: Phoenix Realty Group
Is Allston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Allston has remained a Seller's Market.
Key Takeaway
Allston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allston, MA
How much do homes in Allston, MA cost?
Median Sold Price
$635,000
$733/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$63,250(+11.1%)
Key Takeaway
Homes in Allston have sold for 11.1% more than they did a month ago.
Summary: The median home sold price in Allston was $635,000 in September 2024, up 11.1% from last month, and the median price per square foot was $733.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $640K | +39.1% |
| 2 Bedrooms | $600K | $605K | +0.8% |
| 3 Bedrooms | $1.2M | $1.3M | +8.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $3.1M | $1.4M | -53.0% |
Summary: Allston housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 53%.
Median Sold Price Compared To Nearby Neighborhoods
| Lower Allston | $871.7K | $1.0M | +19.0% |
| Allston | $571.7K | $635K | +11.1% |
Housing Supply in Allston, MA
How many homes are available in Allston, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 33 | 45 | +36.4% |
Summary: The Allston real estate market had 45 homes for sale in September 2024, a 36.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 13 | +85.7% |
| 2 Bedrooms | 16 | 21 | +31.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Allston housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 85.7%, 2 bedroom homes increased by 31.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allston, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Allston in September 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Allston, MA
How long does it take to sell a home in Allston, MA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 Days | 38 Days | +41.8% |
Summary: Homes in Allston had an average of 38 days on market in Sep 2024, up by 41.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Allston are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Allston; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
