Is 02170, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02170 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 02170 has remained a Seller's Market.

Key Takeaway

02170 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02170, MA

How much do homes in 02170, MA cost?

Median Sold Price

$744,444

$483/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$49,444(+7.1%)

Key Takeaway

Homes in 02170 have sold for 7.1% more than they did a month ago.

Summary: The median home sold price in 02170 was $744,444 in April 2024, up 7.1% from last month, and the median price per square foot was $483.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $660K$600.9K
-9.0%
3 $727.5K$738.8K
+1.6%
4 $950K$1.0M
+10.5%
5+ --
N/A

Summary: 02170 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.

Housing Supply in 02170, MA

How many homes are available in 02170, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3027-10.0%

Summary: The 02170 real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1110
-9.1%
3 127
-41.7%
4 47
+75.0%
5+ 32
-33.3%

Summary: The 02170 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02170, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 02170 in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 02170, MA

How long does it take to sell a home in 02170, MA?

Average Sale Time

Mar 2024Apr 2024CHANGE
32 Days17 Days-45.3%

Summary: Homes in 02170 had an average of 17 days on market in Apr 2024, down by 45.3% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02170 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 02170; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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