Is 02675, 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, 02675 has remained a Seller's Market.
Key Takeaway
02675 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02675, MA
How much do homes in 02675, MA cost?
Median Sold Price
$630,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02675 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 02675 was $630,000 in March 2024, up 8.8% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $602.5K | $175.5K | -70.9% |
| 2 Bedrooms | $476K | $545K | +14.5% |
| 3 Bedrooms | $606K | $692.5K | +14.3% |
| 4 Bedrooms | $781.9K | $1.2M | +53.5% |
| 5+ Bedrooms | $750K | $1.3M | +86.3% |
Summary: 02675 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.9%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 53.5%, and 5+ bedroom homes increased by 86.3%.
Housing Supply in 02675, MA
How many homes are available in 02675, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The 02675 real estate market had 32 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 02675 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 18.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02675, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 02675 in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for 02675, MA
How long does it take to sell a home in 02675, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +7.2% |
Summary: Homes in 02675 had an average of 27 days on market in Mar 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02675 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 02675; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
