Is 02474, 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, 02474 has remained a Seller's Market.
Key Takeaway
02474 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02474, MA
How much do homes in 02474, MA cost?
Median Sold Price
$1,010,000
$550/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02474 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 02474 was $1,010,000 in March 2024, up 4.7% from last year, and the median price per square foot was $550.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $307K | $410K | +33.6% |
| 2 Bedrooms | $625K | $685K | +9.6% |
| 3 Bedrooms | $936.2K | $985K | +5.2% |
| 4 Bedrooms | $1.2M | $1.2M | -0.2% |
| 5+ Bedrooms | $1.4M | $1.5M | +7.7% |
Summary: 02474 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.6%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 02474, MA
How many homes are available in 02474, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The 02474 real estate market had 49 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 02474 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02474, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 02474 in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 02474, MA
How long does it take to sell a home in 02474, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 21 Days | -29.7% |
Summary: Homes in 02474 had an average of 21 days on market in Mar 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02474 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in 02474; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
