Is Byfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Byfield was a Seller's Market.
Key Takeaway
Byfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Byfield, MA
How much do homes in Byfield, MA cost?
Median Sold Price
$1,337,000
$355/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Byfield have sold for 57.3% more than they did a month ago.
Summary: The median home sold price in Byfield was $1,337,000 in May 2024, up 57.3% from last month, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $850K | - | N/A |
| 4 Bedrooms | - | $1.3M | N/A |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Byfield housing prices by bedroom type for May 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Byfield, MA
How many homes are available in Byfield, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Summary: The Byfield real estate market had 12 homes for sale in May 2024, a 200.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 6 | +200.0% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Byfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Byfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Byfield in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Byfield, MA
How long does it take to sell a home in Byfield, MA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 13 Days | -50.0% |
Summary: Homes in Byfield had an average of 13 days on market in May 2024, down by 50% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Byfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Byfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
