$3,681 Closing Credit*
$310,000
1,512 SqFt
4 Beds
•1 Full Bath, 2 Partial
#73320432, Elaine Bourhan, Listing Office: Gallagher Real Estate
Is Sixteen Acres, 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, Sixteen Acres has remained a Seller's Market.
Key Takeaway
Sixteen Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sixteen Acres, MA
How much do homes in Sixteen Acres, MA cost?
Median Sold Price
$300,333
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,333(+3.6%)
Key Takeaway
Homes in Sixteen Acres have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Sixteen Acres was $300,333 in November 2024, up 3.6% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $183.9K | -0.6% |
| 2 Bedrooms | $225K | $258.5K | +14.9% |
| 3 Bedrooms | $290K | $305K | +5.2% |
| 4 Bedrooms | $315.9K | $325K | +2.9% |
| 5+ Bedrooms | $392.5K | $420K | +7.0% |
Summary: Sixteen Acres housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Hill | $251.2K | $312.5K | +24.4% |
| Boston Road | $270K | $305K | +13.0% |
| East Forest Park | $275K | $302K | +9.8% |
| Pine Point | $260K | $271.3K | +4.4% |
| Sixteen Acres | $290K | $300.3K | +3.6% |
Housing Supply in Sixteen Acres, MA
How many homes are available in Sixteen Acres, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 67 | -13.0% |
Summary: The Sixteen Acres real estate market had 67 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 40 | 33 | -17.5% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sixteen Acres 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 17.5%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 28 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sixteen Acres, you could pay more than the asking price. 60.7% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Sixteen Acres in November 2024, up by 75.0% month-over-month. Of the 28 sold homes, 21% were sold under asking, 18% were sold at asking, and 61% were sold over asking.
Days on Market for Sixteen Acres, MA
How long does it take to sell a home in Sixteen Acres, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 27 Days | -13.7% |
Summary: Homes in Sixteen Acres had an average of 27 days on market in Nov 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sixteen Acres are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in Sixteen Acres; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
