$10,000 Closing Credit*
$2,495,000
4,900 SqFt
5 Beds
•4 Full Baths, 1 Partial
#73321381, Peggy Dowcett, Listing Office: Coldwell Banker Realty - Concord
Is Bedford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$418/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$42,049(+4.7%)
Key Takeaway
Homes in Bedford have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Bedford was $945,000 in December 2024, up 4.7% from last year, and the median price per square foot was $418.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $510K | $407.5K | -20.1% |
| 2 Bedrooms | $792K | $785K | -0.9% |
| 3 Bedrooms | $792K | $859K | +8.5% |
| 4 Bedrooms | $1.1M | $1.0M | -3.0% |
| 5+ Bedrooms | $1.4M | $1.4M | +3.2% |
Summary: Bedford housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in Bedford, MA
How many homes are available in Bedford, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Summary: The Bedford real estate market had 16 homes for sale in December 2024, a 27.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Bedford housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was 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 6 homes were sold or pending in Bedford in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 84 Days | 64 Days | -24.0% |
Summary: Homes in Bedford had an average of 64 days on market in Dec 2024, down by 24% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bedford has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Bedford; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
