Is Amesbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Amesbury has remained a Seller's Market.
Key Takeaway
Amesbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amesbury, MA
How much do homes in Amesbury, MA cost?
Median Sold Price
$567,500
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Amesbury have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Amesbury was $567,500 in May 2024, up 5.4% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $296K | -3.0% |
| 2 Bedrooms | $445K | $450K | +1.1% |
| 3 Bedrooms | $620K | $630K | +1.6% |
| 4 Bedrooms | $677K | $790K | +16.7% |
| 5+ Bedrooms | $643.5K | $724K | +12.5% |
Summary: Amesbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Merrimac | $560K | $622.5K | +11.2% |
| Newburyport | $759.9K | $809.2K | +6.5% |
| Amesbury | $538.3K | $567.5K | +5.4% |
| Amesbury Town | $538.3K | $567.5K | +5.4% |
Housing Supply in Amesbury, MA
How many homes are available in Amesbury, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 64 | 72 | +12.5% |
Summary: The Amesbury real estate market had 72 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 5 | -37.5% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Amesbury housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amesbury, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Amesbury in May 2024, down by 9.1% month-over-month. Of the 20 sold homes, 15% were sold under asking, 15% were sold at asking, and 70% were sold over asking.
Days on Market for Amesbury, MA
How long does it take to sell a home in Amesbury, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 91 Days | 22 Days | -75.5% |
Summary: Homes in Amesbury had an average of 22 days on market in May 2024, down by 75.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Amesbury are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 20 homes were sold in Amesbury; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.