Is 02121, 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, 02121 was a Buyer's Market.
Key Takeaway
02121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02121, MA
How much do homes in 02121, MA cost?
Median Sold Price
$805,000
$315/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 02121 have sold for 15% more than they did a month ago.
Summary: The median home sold price in 02121 was $805,000 in March 2024, up 15% from last month, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $660K | N/A |
| 3 Bedrooms | - | $722K | N/A |
| 4 Bedrooms | $700K | $805K | +15.0% |
| 5+ Bedrooms | $897.5K | $905K | +0.8% |
Summary: 02121 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 increased by 15%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 02121, MA
How many homes are available in 02121, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The 02121 real estate market had 27 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 02121 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 decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02121, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 02121 in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 02121, MA
How long does it take to sell a home in 02121, MA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 63 Days | -36.4% |
Summary: Homes in 02121 had an average of 63 days on market in Mar 2024, down by 36.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02121 has remained consistent over time.
Summary: During March 2024, 9 homes were sold in 02121; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
