Is 02025, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 02025 was a Seller's Market.
Key Takeaway
02025 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02025, MA
How much do homes in 02025, MA cost?
Median Sold Price
$1,387,500
$473/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02025 have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in 02025 was $1,387,500 in March 2024, up 15.6% from last year, and the median price per square foot was $473.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $370K | -17.8% |
| 2 Bedrooms | $682.5K | $537.5K | -21.2% |
| 3 Bedrooms | $1.0M | $928K | -7.2% |
| 4 Bedrooms | $1.3M | $1.4M | +9.2% |
| 5+ Bedrooms | $1.9M | $1.9M | -2.8% |
Summary: 02025 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in 02025, MA
How many homes are available in 02025, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Summary: The 02025 real estate market had 24 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 02025 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 02025, 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 02025 in March 2024, the same as the previous 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 02025, MA
How long does it take to sell a home in 02025, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 62 Days | 67 Days | +7.0% |
Summary: Homes in 02025 had an average of 67 days on market in Mar 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02025 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 02025; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
