Is 02145, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 02145 was a Buyer's Market.
Housing Prices in 02145, MA
How much do homes in 02145, MA cost?
Median Sold Price
$868,450
$562/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 02145 was $868,450 in February 2024, down 0.2% from last year, and the median price per square foot was $562.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $585.7K | $497.5K | -15.1% |
2 Bedrooms | $690K | $680K | -1.4% |
3 Bedrooms | $887.5K | $936K | +5.5% |
4 Bedrooms | $988.5K | $979.5K | -0.9% |
5+ Bedrooms | $1.2M | $1.1M | -2.2% |
Summary: 02145 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 02145, MA
How many homes are available in 02145, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 | 57 | +9.6% |
Summary: The 02145 real estate market had 57 homes for sale in February 2024, a 9.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 02145 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 02145 in February 2024, up by 128.6% month-over-month. Of the 16 sold homes, 56% were sold under asking, 19% were sold at asking, and 25% were sold over asking.
Days on Market for 02145, MA
How long does it take to sell a home in 02145, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
37 Days | 66 Days | +78.4% |
Summary: Homes in 02145 had an average of 66 days on market in Feb 2024, up by 78.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in 02145; 44% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.