Is 02453, 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, 02453 has remained a Seller's Market.
Key Takeaway
02453 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02453, MA
How much do homes in 02453, MA cost?
Median Sold Price
$799,000
$444/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02453 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 02453 was $799,000 in March 2024, up 13.3% from last year, and the median price per square foot was $444.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $381.9K | $377.5K | -1.2% |
| 2 Bedrooms | $531.5K | $589.5K | +10.9% |
| 3 Bedrooms | $745K | $800K | +7.4% |
| 4 Bedrooms | $826.9K | $1.0M | +21.2% |
| 5+ Bedrooms | $915K | $1.1M | +20.2% |
Summary: 02453 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in 02453, MA
How many homes are available in 02453, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The 02453 real estate market had 41 homes for sale in March 2024, a 2.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 02453 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02453, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 02453 in March 2024, down by 35.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 0% were sold at asking, and 55% were sold over asking.
Days on Market for 02453, MA
How long does it take to sell a home in 02453, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 12 Days | 61 Days | +402.0% |
Summary: Homes in 02453 had an average of 61 days on market in Mar 2024, up by 402% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02453 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in 02453; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
