$3,383 Closing Credit*
$284,900
1,152 SqFt
4 Beds
•1 Full Bath, 2 Partial
#73311432, Amy Simmons, Listing Office: Cornerstone Realty, LLC
Is Sixteen Acres, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$300,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,333(+5.4%)
Key Takeaway
Homes in Sixteen Acres have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Sixteen Acres was $300,000 in October 2024, up 5.4% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $183.9K | -0.6% |
| 2 Bedrooms | $225K | $265K | +17.8% |
| 3 Bedrooms | $290K | $304K | +4.8% |
| 4 Bedrooms | $307.5K | $330K | +7.3% |
| 5+ Bedrooms | $395K | $360K | -8.9% |
Summary: Sixteen Acres housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Hill | $250K | $300K | +20.0% |
| East Forest Park | $275K | $300K | +9.1% |
| Sixteen Acres | $284.6K | $300K | +5.4% |
| Pine Point | $259K | $271.9K | +5.0% |
| Boston Road | $282.5K | $288K | +1.9% |
Housing Supply in Sixteen Acres, MA
How many homes are available in Sixteen Acres, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 75 | +27.1% |
Summary: The Sixteen Acres real estate market had 75 homes for sale in October 2024, a 27.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 13 | +160.0% |
| 3 Bedrooms | 37 | 40 | +8.1% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sixteen Acres housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 160%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sixteen Acres, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Sixteen Acres in October 2024, up by 23.1% month-over-month. Of the 16 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 22 Days | -10.4% |
Summary: Homes in Sixteen Acres had an average of 22 days on market in Oct 2024, down by 10.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sixteen Acres are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Sixteen Acres; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
