Is 02150, 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, 02150 has remained a Seller's Market.
Key Takeaway
02150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02150, MA
How much do homes in 02150, MA cost?
Median Sold Price
$560,000
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02150 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 02150 was $560,000 in March 2024, up 9.9% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $377.5K | -0.7% |
| 2 Bedrooms | $424K | $470K | +10.8% |
| 3 Bedrooms | $550K | $552.5K | 0.5% |
| 4 Bedrooms | $620K | $700K | +12.9% |
| 5+ Bedrooms | $811K | $900K | +11.0% |
Summary: 02150 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 11%.
Housing Supply in 02150, MA
How many homes are available in 02150, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 46 | 0.0% |
Summary: The 02150 real estate market had 46 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 02150 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02150, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 02150 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for 02150, MA
How long does it take to sell a home in 02150, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 26 Days | -24.4% |
Summary: Homes in 02150 had an average of 26 days on market in Mar 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02150 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 02150; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
