Is 02149, 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, 02149 has remained a Seller's Market.
Key Takeaway
02149 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02149, MA
How much do homes in 02149, MA cost?
Median Sold Price
$662,500
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02149 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 02149 was $662,500 in March 2024, up 6% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $254.4K | $297K | +16.7% |
| 2 Bedrooms | $415K | $450K | +8.4% |
| 3 Bedrooms | $567.5K | $600K | +5.7% |
| 4 Bedrooms | $680K | $700K | +2.9% |
| 5+ Bedrooms | $807.5K | $871.5K | +7.9% |
Summary: 02149 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 02149, MA
How many homes are available in 02149, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The 02149 real estate market had 36 homes for sale in March 2024, a 5.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 02149 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 decreased by 18.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02149, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 02149 in March 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for 02149, MA
How long does it take to sell a home in 02149, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 33 Days | -23.6% |
Summary: Homes in 02149 had an average of 33 days on market in Mar 2024, down by 23.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02149 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in 02149; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
