Is 02333, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 02333 was a Seller's Market.
Key Takeaway
02333 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 02333, MA
How much do homes in 02333, MA cost?
Median Sold Price
$505,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02333 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 02333 was $505,000 in March 2024, up 8.6% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.5K | $250K | 0.2% |
| 2 Bedrooms | $390K | $387.5K | -0.6% |
| 3 Bedrooms | $480K | $505K | +5.2% |
| 4 Bedrooms | $632.5K | $680K | +7.5% |
| 5+ Bedrooms | $710K | $650K | -8.5% |
Summary: 02333 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in 02333, MA
How many homes are available in 02333, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The 02333 real estate market had 28 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 02333 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02333, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 02333 in March 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for 02333, MA
How long does it take to sell a home in 02333, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 29 Days | -58.1% |
Summary: Homes in 02333 had an average of 29 days on market in Mar 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02333 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 02333; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
