Is 02110, 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, 02110 has remained a Buyer's Market.
Key Takeaway
02110 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02110, MA
How much do homes in 02110, MA cost?
Median Sold Price
$1,707,500
$1,351/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02110 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 02110 was $1,707,500 in March 2024, up 14.8% from last year, and the median price per square foot was $1,351.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $745K | $1.1M | +47.7% |
| 2 Bedrooms | $1.7M | $2.1M | +20.2% |
| 3 Bedrooms | $3.0M | $3.9M | +32.3% |
| 4 Bedrooms | $6.0M | $3.9M | -34.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 02110 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.7%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 32.3%, 4 bedroom homes decreased by 34.2%, and 5+ bedroom homes did not change.
Housing Supply in 02110, MA
How many homes are available in 02110, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 57 | 73 | +28.1% |
Summary: The 02110 real estate market had 73 homes for sale in March 2024, a 28.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 16 | +33.3% |
| 2 Bedrooms | 29 | 39 | +34.5% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 02110 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 34.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02110, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 02110 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for 02110, MA
How long does it take to sell a home in 02110, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 159 Days | 71 Days | -55.2% |
Summary: Homes in 02110 had an average of 71 days on market in Mar 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02110 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 02110; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
