Is 02128, 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, 02128 has remained a Seller's Market.
Housing Prices in 02128, MA
How much do homes in 02128, MA cost?
Median Sold Price
$695,750
$597/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02128 was $695,750 in March 2024, up 7% from last year, and the median price per square foot was $597.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $489.9K | $522.5K | +6.6% |
2 Bedrooms | $620K | $658.5K | +6.2% |
3 Bedrooms | $732K | $750K | +2.5% |
4 Bedrooms | $800K | $805K | +0.6% |
5+ Bedrooms | $1.0M | $1.0M | +2.0% |
Summary: 02128 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 2%.
Housing Supply in 02128, MA
How many homes are available in 02128, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 | 137 | +13.2% |
Summary: The 02128 real estate market had 137 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 20 | -9.1% |
2 Bedrooms | 56 | 67 | +19.6% |
3 Bedrooms | 19 | 26 | +36.8% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 02128 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 31 | +47.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 02128 in March 2024, up by 47.6% month-over-month. Of the 31 sold homes, 35% were sold under asking, 42% were sold at asking, and 23% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 40 Days | -16.7% |
Summary: Homes in 02128 had an average of 40 days on market in Mar 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in 02128; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.