Is 02043, 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, 02043 has remained a Seller's Market.
Housing Prices in 02043, MA
How much do homes in 02043, MA cost?
Median Sold Price
$1,100,000
$516/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02043 was $1,100,000 in March 2024, down 7.2% from last year, and the median price per square foot was $516.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | $594.6K | +67.5% |
2 Bedrooms | $609K | $672.5K | +10.4% |
3 Bedrooms | $1.0M | $1.0M | -7.0% |
4 Bedrooms | $1.4M | $1.3M | -4.9% |
5+ Bedrooms | $2.1M | $2.0M | -1.2% |
Summary: 02043 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 02043, MA
How many homes are available in 02043, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 81 | +15.7% |
Summary: The 02043 real estate market had 81 homes for sale in March 2024, a 15.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 25 | 28 | +12.0% |
4 Bedrooms | 25 | 31 | +24.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 02043 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 remained the same, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 23 | +130.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 02043 in March 2024, up by 130.0% month-over-month. Of the 23 sold homes, 48% were sold under asking, 13% were sold at asking, and 39% were sold over asking.
Days on Market for 02043, MA
How long does it take to sell a home in 02043, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 45 Days | -0.8% |
Summary: Homes in 02043 had an average of 45 days on market in Mar 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 02043; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.