Is 02631, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 02631 has remained a Seller's Market.
Housing Prices in 02631, MA
How much do homes in 02631, MA cost?
Median Sold Price
$700,000
$463/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 02631 was $700,000 in February 2024, up 6.1% from last year, and the median price per square foot was $463.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $274.5K | $304K | +10.7% |
2 Bedrooms | $452K | $502K | +11.1% |
3 Bedrooms | $735K | $820K | +11.6% |
4 Bedrooms | $920K | $875K | -4.9% |
5+ Bedrooms | $1.3M | $1.5M | +18.4% |
Summary: 02631 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Zip Codes
02660 | $520.5K | $605K | +16.2% |
02631 | $660K | $700K | +6.1% |
02645 | $670K | $695K | +3.7% |
02653 | $1.1M | $1.0M | -9.1% |
Housing Supply in 02631, MA
How many homes are available in 02631, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
38 | 33 | -13.2% |
Summary: The 02631 real estate market had 33 homes for sale in February 2024, a 13.2% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 12 | -20.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 02631 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 02631 in February 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 02631, MA
How long does it take to sell a home in 02631, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 60 Days | +52.2% |
Summary: Homes in 02631 had an average of 60 days on market in Feb 2024, up by 52.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in 02631; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.