Is Ashland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ashland has remained a Seller's Market.
Key Takeaway
Ashland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashland, MA
How much do homes in Ashland, MA cost?
Median Sold Price
$610,000
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ashland have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Ashland was $610,000 in May 2024, up 5.9% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $430K | +30.3% |
| 2 Bedrooms | $525K | $540K | +2.9% |
| 3 Bedrooms | $516K | $603.5K | +17.0% |
| 4 Bedrooms | $805K | $965K | +19.9% |
| 5+ Bedrooms | $737.5K | $895K | +21.4% |
Summary: Ashland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Hopkinton | $823.5K | $884K | +7.3% |
| Framingham | $595.8K | $636.2K | +6.8% |
| Ashland | $576K | $610K | +5.9% |
| Southborough | $910K | $950K | +4.4% |
Housing Supply in Ashland, MA
How many homes are available in Ashland, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 51 | 58 | +13.7% |
Summary: The Ashland real estate market had 58 homes for sale in May 2024, a 13.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 17 | 23 | +35.3% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Ashland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 35.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashland, you could pay more than the asking price. 84.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Ashland in May 2024, up by 18.8% month-over-month. Of the 19 sold homes, 11% were sold under asking, 5% were sold at asking, and 84% were sold over asking.
Days on Market for Ashland, MA
How long does it take to sell a home in Ashland, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 11 Days | -44.1% |
Summary: Homes in Ashland had an average of 11 days on market in May 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashland are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in Ashland; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
