Is 02035, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 02035 has remained a Seller's Market.
Key Takeaway
02035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02035, MA
How much do homes in 02035, MA cost?
Median Sold Price
$658,900
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02035 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 02035 was $658,900 in March 2024, up 9.8% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $341.2K | - | N/A |
| 2 Bedrooms | $460K | $542.5K | +17.9% |
| 3 Bedrooms | $582.5K | $585K | 0.4% |
| 4 Bedrooms | $800K | $782.5K | -2.2% |
| 5+ Bedrooms | $660K | $1.0M | +54.2% |
Summary: 02035 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 54.2%.
Housing Supply in 02035, MA
How many homes are available in 02035, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The 02035 real estate market had 28 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 02035 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02035, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 02035 in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for 02035, MA
How long does it take to sell a home in 02035, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 75 Days | +27.3% |
Summary: Homes in 02035 had an average of 75 days on market in Mar 2024, up by 27.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02035 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 02035; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
