Comprehensive market data and analysis
We're showing Massachusetts County statistics below to give you a broader market picture. As more transactions occur in East Princeton, Massachusetts, we'll update with specific local data.
12.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for East Princeton, Massachusetts | ||||||
The median price for land in the Massachusetts area is currently $130K per acre. For a typical parcel, the median sale price is $200K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $44K while premium lots reached $1.0M.
the Massachusetts area is currently a strong buyer's market with 12.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 10.1% year-over-year.
the Massachusetts area currently has 12.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 1,199 active listings in the Massachusetts area. 632 new listings have hit the market in the last 90 days. The median asking price is $280K.
Land in the Massachusetts area typically sells within 167 days of listing. The median time on market is 102 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in the Massachusetts area is 8.0% (3-month basis), indicating moderate demand. With depreciating values (-10.1% YoY), buyers may find value opportunities. The top-performing broker in this market is William Raveis R.E. & Home Services.
The median land price in the Massachusetts area stands at $200K. This translates to roughly $130K per acre for the typical parcel size. The average price is $460K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
