Is 02446, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 02446 has remained a Seller's Market.
Key Takeaway
02446 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02446, MA
How much do homes in 02446, MA cost?
Median Sold Price
$1,084,016
$789/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 02446 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 02446 was $1,084,016 in April 2024, up 6.8% from last year, and the median price per square foot was $789.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $584.7K | $637.5K | +9.0% |
| 2 Bedrooms | $861.5K | $880K | +2.1% |
| 3 Bedrooms | $1.6M | $1.3M | -14.9% |
| 4 Bedrooms | $1.9M | $2.2M | +13.1% |
| 5+ Bedrooms | $2.5M | $2.7M | +7.0% |
Summary: 02446 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 7%.
Housing Supply in 02446, MA
How many homes are available in 02446, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 75 | 101 | +34.7% |
Summary: The 02446 real estate market had 101 homes for sale in April 2024, a 34.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 23 | +91.7% |
| 2 Bedrooms | 27 | 35 | +29.6% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 02446 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 91.7%, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 27 | +170.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02446, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 02446 in April 2024, up by 170.0% month-over-month. Of the 27 sold homes, 37% were sold under asking, 7% were sold at asking, and 56% were sold over asking.
Days on Market for 02446, MA
How long does it take to sell a home in 02446, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 24 Days | +16.7% |
Summary: Homes in 02446 had an average of 24 days on market in Apr 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02446 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in 02446; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
