Is Shutesbury, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shutesbury is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Shutesbury has remained a Seller's Market.

Key Takeaway

Shutesbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shutesbury, MA

How much do homes in Shutesbury, MA cost?

Median Sold Price

$475,065

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,065(+13.1%)

Key Takeaway

Homes in Shutesbury have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Shutesbury was $475,065 in November 2024, up 13.1% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $255K$185K
-27.5%
2 $365K$426K
+16.7%
3 $363K$475K
+30.9%
4 $487.5K$687.5K
+41.0%
5+ $1.1M-
N/A

Summary: Shutesbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 30.9%, 4 bedroom homes increased by 41%, and 5+ bedroom homes did not change.

Housing Supply in Shutesbury, MA

How many homes are available in Shutesbury, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Shutesbury real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Shutesbury 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shutesbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shutesbury in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Shutesbury, MA

How long does it take to sell a home in Shutesbury, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days34 Days+38.0%

Summary: Homes in Shutesbury had an average of 34 days on market in Nov 2024, up by 38% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shutesbury are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Shutesbury; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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