Is 02081, 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, 02081 has remained a Seller's Market.
Housing Prices in 02081, MA
How much do homes in 02081, MA cost?
Median Sold Price
$680,000
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02081 was $680,000 in March 2024, up 11.5% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $466.9K | $495K | +6.0% |
2 Bedrooms | $470K | $585K | +24.5% |
3 Bedrooms | $570K | $655K | +14.9% |
4 Bedrooms | $840K | $880K | +4.8% |
5+ Bedrooms | $800K | $1.4M | +75.0% |
Summary: 02081 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 75%.
Housing Supply in 02081, MA
How many homes are available in 02081, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 29 | +16.0% |
Summary: The 02081 real estate market had 29 homes for sale in March 2024, a 16.0% 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 | 3 | 5 | +66.7% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 02081 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 increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 02081 in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for 02081, MA
How long does it take to sell a home in 02081, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 36 Days | +36.8% |
Summary: Homes in 02081 had an average of 36 days on market in Mar 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 02081; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.