Is 02601, 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, 02601 has remained a Seller's Market.
Housing Prices in 02601, MA
How much do homes in 02601, MA cost?
Median Sold Price
$464,900
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02601 was $464,900 in March 2024, up 5.7% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $258.7K | +7.8% |
2 Bedrooms | $347.5K | $372.5K | +7.2% |
3 Bedrooms | $482.5K | $523K | +8.4% |
4 Bedrooms | $552.5K | $553K | 0.1% |
5+ Bedrooms | $829K | $1.2M | +55.9% |
Summary: 02601 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 55.9%.
Housing Supply in 02601, MA
How many homes are available in 02601, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 41 | +7.9% |
Summary: The 02601 real estate market had 41 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 02601 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 8.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 02601 in March 2024, up by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for 02601, MA
How long does it take to sell a home in 02601, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 29 Days | +25.4% |
Summary: Homes in 02601 had an average of 29 days on market in Mar 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 02601; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.