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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wales is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wales was a Neutral Market.

Key Takeaway

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

Housing Prices in Wales, MA

How much do homes in Wales, MA cost?

Median Sold Price

$270,000

$228/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$60,000(-18.2%)

Key Takeaway

Homes in Wales have sold for 18.2% less than they did a month ago.

Summary: The median home sold price in Wales was $270,000 in November 2024, down 18.2% from last month, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$270K
N/A
3 $330K$425K
+28.8%
4 -$170K
N/A
5+ --
N/A

Summary: Wales housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 28.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Holland
+33.0%
Wales
-18.2%

Housing Supply in Wales, MA

How many homes are available in Wales, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
79+28.6%

Summary: The Wales real estate market had 9 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 23
+50.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Wales housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wales, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Wales in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Wales, MA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days24 Days+76.2%

Summary: Homes in Wales had an average of 24 days on market in Nov 2024, up by 76.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Wales are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Wales; 67% of homes were sold within 30 days, 33% 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

Newest Listings in Wales, MA

Nearby Markets to Wales, MA

What housing markets are near Wales, MA?