New - 16 hours on Rocket
$8,301 Closing Credit¹
#73330934, Ruocco Group-LPT, Listing Office: LPT Realty, LLC
01945 Housing Market Report December 2024•Essex County, Massachusetts
Housing Prices in 01945, MA
How much do homes in 01945, MA cost?
Housing Market Conditions
Is 01945, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
01945 is a Seller's Market
Difference Since December 2023
Since last year, 01945 has remained a Seller's Market.
Insight
01945 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$956,750$519/SqFt
+$74,250
+8.4%
Based on all homes sold in the last 12 months
Insight
Homes in 01945 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 01945 was $956,750 in December 2024, up 8.4% from last year, and the median price per square foot was $519.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $404.5K | $410K | +1.4% |
| 22 Bedrooms | $622K | $740K | +19.0% |
| 33 Bedrooms | $850K | $948K | +11.5% |
| 44 Bedrooms | $1.1M | $1.2M | +13.6% |
| 55+ Bedrooms | $1.6M | $1.8M | +18.6% |
Summary: 01945 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +1.4%. The home price for 2 bedroom homes increased by +19.0%. The home price for 3 bedroom homes increased by +11.5%. The home price for 4 bedroom homes increased by +13.6%. The home price for 5 bedroom homes increased by +18.6%.
Housing supply in 01945, MA
How many homes are available in 01945, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthDec 2024 | ||
| 482 months agoNov 2024 | -31.3 % Change MoMNov – Dec |
Summary: The 01945 real estate market had 33 homes for sale in Dec 2024, a 31.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthDec 2024 | ||
| 172 months agoNov 2024 | -47.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 6 | 6 | 0.0% |
| 33 Bedrooms | 15 | 11 | -26.7% |
| 44 Bedrooms | 15 | 8 | -46.7% |
| 55+ Bedrooms | 11 | 8 | -27.3% |
Summary: 01945 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -26.7%. The inventory for 4 bedroom homes decreased by -46.7%. The inventory for 5 bedroom homes decreased by -27.3%.
Asking Price vs. Sold Price
How much do homes in 01945, MA cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in 01945, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 01945 in December 2024, down by 47.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and and 11% were sold over asking.
Days on Market for 01945, MA
How long does it take to sell a home in 01945, MA?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days4 Homes
Over 90 Days1 Home
Insight
Many homes in 01945 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in 01945; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 48 DaysThis YearDec 2024 | ||
| 41 Days1 year agoDec 2023 | +15.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 01945 had an average listing age of 48 days in Dec 2024, up by 15.6% compared to the previous year.
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Newest Listings in 01945, MA
What homes are available in 01945, MA?
New - 17 hours on Rocket
$10,000 Closing Credit¹
#73330902, Judith Toner, Listing Office: The Proper Nest Real Estate
New - 1 day on Rocket
$10,000 Closing Credit¹
#73330351, Faina Snitkovsky, Listing Office: Core Real Estate
New - 1 day on Rocket
$10,000 Closing Credit¹
#73330177, Ruocco Group-LPT, Listing Office: LPT Realty, LLC
New - 2 days on Rocket
$8,776 Closing Credit¹
#73330161, Condon-Droney Team, Listing Office: Gilmore Murphy Realty LLC
New - 2 days on Rocket
$6,234 Closing Credit¹
#73329907, Emily Gaffney, Listing Office: Coldwell Banker Realty - Marblehead
New - 2 days on Rocket
$9,499 Closing Credit¹
#73329887, David Gradus, Listing Office: Boston Realty Consultants, Inc
New - 3 days on Rocket
$6,994 Closing Credit¹
#73329708, Jane Fields, Listing Office: RE/MAX Beacon
Backup offers
$4,691 Closing Credit¹
#73328018, Jack Attridge, Listing Office: William Raveis R.E. & Home Services
Backup offers
$8,253 Closing Credit¹
#73328000, Jack Attridge, Listing Office: William Raveis R.E. & Home Services
$9,441 Closing Credit¹
#73327711, Niamh Callahan, Listing Office: J. Barrett & Company
$3,551 Closing Credit¹
#73327668, Graeme Jones, Listing Office: Coldwell Banker Realty - Marblehead
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Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.