Is 02360, 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, 02360 has remained a Seller's Market.
Key Takeaway
02360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02360, MA
How much do homes in 02360, MA cost?
Median Sold Price
$589,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02360 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 02360 was $589,000 in March 2024, up 5.2% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $386.2K | +54.5% |
| 2 Bedrooms | $479.9K | $549.5K | +14.5% |
| 3 Bedrooms | $550K | $600K | +9.1% |
| 4 Bedrooms | $683K | $670K | -1.9% |
| 5+ Bedrooms | $760K | $875K | +15.1% |
Summary: 02360 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.5%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 02360, MA
How many homes are available in 02360, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 196 | 202 | +3.1% |
Summary: The 02360 real estate market had 202 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 89 | 91 | +2.2% |
| 3 Bedrooms | 75 | 73 | -2.7% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 02360 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 increased by 2.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02360, you could pay more than the asking price. 45.1% of homes here sold above asking price last month.
Summary: A total of 51 homes were sold or pending in 02360 in March 2024, up by 18.6% month-over-month. Of the 51 sold homes, 37% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for 02360, MA
How long does it take to sell a home in 02360, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 39 Days | -8.3% |
Summary: Homes in 02360 had an average of 39 days on market in Mar 2024, down by 8.3% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02360 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 51 homes were sold in 02360; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
