Is 02188, 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, 02188 has remained a Seller's Market.
Housing Prices in 02188, MA
How much do homes in 02188, MA cost?
Median Sold Price
$575,000
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02188 was $575,000 in March 2024, up 4.5% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $225K | +2.3% |
2 Bedrooms | $460K | $493K | +7.2% |
3 Bedrooms | $562.5K | $590K | +4.9% |
4 Bedrooms | $599K | $615K | +2.7% |
5+ Bedrooms | $629K | $834K | +32.6% |
Summary: 02188 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 32.6%.
Housing Supply in 02188, MA
How many homes are available in 02188, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The 02188 real estate market had 33 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 02188 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 02188 in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 02188, MA
How long does it take to sell a home in 02188, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 19 Days | -31.9% |
Summary: Homes in 02188 had an average of 19 days on market in Mar 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 02188; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.