Is 02135, 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, 02135 has remained a Seller's Market.
Key Takeaway
02135 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02135, MA
How much do homes in 02135, MA cost?
Median Sold Price
$695,000
$663/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02135 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 02135 was $695,000 in March 2024, up 9.6% from last year, and the median price per square foot was $663.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $466K | $472.5K | +1.4% |
| 2 Bedrooms | $575K | $608K | +5.7% |
| 3 Bedrooms | $800.5K | $787.5K | -1.6% |
| 4 Bedrooms | $900K | $1.0M | +11.4% |
| 5+ Bedrooms | $1.2M | $1.2M | -0.4% |
Summary: 02135 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 02135, MA
How many homes are available in 02135, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 82 | +36.7% |
Summary: The 02135 real estate market had 82 homes for sale in March 2024, a 36.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 31 | +14.8% |
| 2 Bedrooms | 9 | 22 | +144.4% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 02135 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 144.4%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02135, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 02135 in March 2024, up by 25.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 47% were sold at asking, and 33% were sold over asking.
Days on Market for 02135, MA
How long does it take to sell a home in 02135, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 35 Days | -4.1% |
Summary: Homes in 02135 had an average of 35 days on market in Mar 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02135 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 02135; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
