Is 02072, 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, 02072 has remained a Seller's Market.
Housing Prices in 02072, MA
How much do homes in 02072, MA cost?
Median Sold Price
$521,666
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02072 was $521,666 in March 2024, up 3.3% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $200K | -4.8% |
2 Bedrooms | $382K | $380K | -0.5% |
3 Bedrooms | $531K | $530K | -0.2% |
4 Bedrooms | $612K | $610K | -0.3% |
5+ Bedrooms | $685K | $670K | -2.2% |
Summary: 02072 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 02072, MA
How many homes are available in 02072, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 51 | 0.0% |
Summary: The 02072 real estate market had 51 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 9 | 15 | +66.7% |
3 Bedrooms | 27 | 24 | -11.1% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 02072 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 02072 in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 0% were sold at asking, and 59% were sold over asking.
Days on Market for 02072, MA
How long does it take to sell a home in 02072, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 28 Days | -27.0% |
Summary: Homes in 02072 had an average of 28 days on market in Mar 2024, down by 27% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 02072; 59% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.