$9,132 Closing Credit*
$769,000
1,320 SqFt
4 Beds
•2 Full Baths
#73313656, Phyllis Larkin, Listing Office: P & P Larkin Real Estate
Is Salisbury, 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, Salisbury has remained a Seller's Market.
Key Takeaway
Salisbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Salisbury, MA
How much do homes in Salisbury, MA cost?
Median Sold Price
$637,500
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$82,500(+14.9%)
Key Takeaway
Homes in Salisbury have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Salisbury was $637,500 in November 2024, up 14.9% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $282K | $330K | +17.0% |
| 2 Bedrooms | $445K | $512.5K | +15.2% |
| 3 Bedrooms | $594.2K | $695.5K | +17.0% |
| 4 Bedrooms | $642.5K | $730K | +13.6% |
| 5+ Bedrooms | $795.6K | $936K | +17.6% |
Summary: Salisbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
| Salisbury | $555K | $637.5K | +14.9% |
| Newburyport | $775K | $847.9K | +9.4% |
| Amesbury | $575K | $547K | -4.9% |
| Amesbury Town | $575K | $547K | -4.9% |
Housing Supply in Salisbury, MA
How many homes are available in Salisbury, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 32 | -22.0% |
Summary: The Salisbury real estate market had 32 homes for sale in November 2024, a 22.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 6 | -45.5% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Salisbury 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 45.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salisbury, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Salisbury in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Salisbury, MA
How long does it take to sell a home in Salisbury, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 40 Days | +58.4% |
Summary: Homes in Salisbury had an average of 40 days on market in Nov 2024, up by 58.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Salisbury has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Salisbury; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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