Is 02113, 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, 02113 has remained a Seller's Market.
Key Takeaway
02113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02113, MA
How much do homes in 02113, MA cost?
Median Sold Price
$680,000
$933/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02113 have sold for 20% less than they did a year ago.
Summary: The median home sold price in 02113 was $680,000 in March 2024, down 20% from last year, and the median price per square foot was $933.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $545K | $497K | -8.8% |
| 2 Bedrooms | $875K | $725K | -17.1% |
| 3 Bedrooms | $1.3M | $1.2M | -5.1% |
| 4 Bedrooms | $1.9M | $575K | -69.8% |
| 5+ Bedrooms | $2.4M | $1.6M | -31.1% |
Summary: 02113 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 69.8%, and 5+ bedroom homes decreased by 31.1%.
Housing Supply in 02113, MA
How many homes are available in 02113, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The 02113 real estate market had 22 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 | 5 | 5 | 0.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 02113 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 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 02113, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 02113 in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 02113, MA
How long does it take to sell a home in 02113, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 19 Days | -49.0% |
Summary: Homes in 02113 had an average of 19 days on market in Mar 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02113 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 02113; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
