Is 02108, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 02108 was a Buyer's Market.
Key Takeaway
02108 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 02108, MA
How much do homes in 02108, MA cost?
Median Sold Price
$925,000
$1,119/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 02108 have sold for 74.6% less than they did a month ago.
Summary: The median home sold price in 02108 was $925,000 in March 2024, down 74.6% from last month, and the median price per square foot was $1,119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $740.5K | N/A |
| 2 Bedrooms | - | $1.2M | N/A |
| 3 Bedrooms | $3.6M | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $2.9M | N/A |
Summary: 02108 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 02108, MA
How many homes are available in 02108, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 44 | +12.8% |
Summary: The 02108 real estate market had 44 homes for sale in March 2024, a 12.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 02108 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 9.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02108, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 02108 in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for 02108, MA
How long does it take to sell a home in 02108, MA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 Day | 31 Days | +3057.1% |
Summary: Homes in 02108 had an average of 31 days on market in Mar 2024, up by 3057.1% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02108 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in 02108; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
