Is 02128, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 02128 has remained a Seller's Market.
Housing Prices in 02128, MA
How much do homes in 02128, MA cost?
Median Sold Price
$715,000
$599/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 02128 was $715,000 in April 2024, up 10.5% from last year, and the median price per square foot was $599.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $490K | $525.4K | +7.2% |
2 Bedrooms | $620K | $675K | +8.9% |
3 Bedrooms | $717K | $790K | +10.2% |
4 Bedrooms | $799.5K | $825K | +3.2% |
5+ Bedrooms | $1.0M | $1.0M | +1.2% |
Summary: 02128 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in 02128, MA
How many homes are available in 02128, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 152 | +10.1% |
Summary: The 02128 real estate market had 152 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 23 | +9.5% |
2 Bedrooms | 68 | 70 | +2.9% |
3 Bedrooms | 25 | 33 | +32.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 02128 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 32 | -8.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 02128 in April 2024, down by 8.6% month-over-month. Of the 32 sold homes, 31% were sold under asking, 34% were sold at asking, and 34% were sold over asking.
Days on Market for 02128, MA
How long does it take to sell a home in 02128, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 26 Days | -47.1% |
Summary: Homes in 02128 had an average of 26 days on market in Apr 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in 02128; 66% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.