Is 02633, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02633 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 02633 was a Neutral Market.

Key Takeaway

02633 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02633, MA

How much do homes in 02633, MA cost?

Median Sold Price

$1,250,000

$592/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$77,500(+6.6%)

Key Takeaway

Homes in 02633 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 02633 was $1,250,000 in February 2024, up 6.6% from last year, and the median price per square foot was $592.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$320K
N/A
2 $700K$628.1K
-10.3%
3 $978K$1.2M
+27.8%
4 $1.6M$2.0M
+24.7%
5+ $2.6M$8.9M
+239.8%

Summary: 02633 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 239.8%.

Median Sold Price Compared To Nearby Zip Codes

02633
+6.6%
02645
+3.7%
02653
-9.1%

Housing Supply in 02633, MA

How many homes are available in 02633, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3433-2.9%

Summary: The 02633 real estate market had 33 homes for sale in February 2024, a 2.9% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 77
0.0%
3 119
-18.2%
4 98
-11.1%
5+ 79
+28.6%

Summary: The 02633 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02633, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 02633 in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 02633, MA

How long does it take to sell a home in 02633, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
44 Days13 Days-69.6%

Summary: Homes in 02633 had an average of 13 days on market in Feb 2024, down by 69.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02633 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in 02633; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in 02633, MA

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