$7,707 Closing Credit*
$649,000
1,068 SqFt
3 Beds
•1 Full Bath
#73316783, Kerry Daley, Listing Office: Coldwell Banker Realty - Chelmsford
Is Bedford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bedford has remained a Seller's Market.
Key Takeaway
Bedford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedford, MA
How much do homes in Bedford, MA cost?
Median Sold Price
$945,000
$413/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,099(+5.0%)
Key Takeaway
Homes in Bedford have sold for 5% more than they did a year ago.
Summary: The median home sold price in Bedford was $945,000 in November 2024, up 5% from last year, and the median price per square foot was $413.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $510K | $407.5K | -20.1% |
| 2 Bedrooms | $799K | $785K | -1.8% |
| 3 Bedrooms | $792K | $859K | +8.5% |
| 4 Bedrooms | $1.1M | $1.0M | -2.9% |
| 5+ Bedrooms | $1.3M | $1.4M | +7.8% |
Summary: Bedford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in Bedford, MA
How many homes are available in Bedford, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 22 | -21.4% |
Summary: The Bedford real estate market had 22 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Bedford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bedford in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bedford, MA
How long does it take to sell a home in Bedford, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 21 Days | +35.2% |
Summary: Homes in Bedford had an average of 21 days on market in Nov 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Bedford; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
