Is 02720, 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, 02720 has remained a Seller's Market.
Housing Prices in 02720, MA
How much do homes in 02720, MA cost?
Median Sold Price
$431,150
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02720 was $431,150 in March 2024, up 3.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179K | $195K | +8.9% |
2 Bedrooms | $276.5K | $280K | +1.3% |
3 Bedrooms | $403K | $423K | +5.0% |
4 Bedrooms | $452K | $440K | -2.7% |
5+ Bedrooms | $525K | $556.9K | +6.1% |
Summary: 02720 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 02720, MA
How many homes are available in 02720, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 52 | +2.0% |
Summary: The 02720 real estate market had 52 homes for sale in March 2024, a 2.0% 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 | 12 | 9 | -25.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 02720 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 25%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 02720 in March 2024, down by 30.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.
Days on Market for 02720, MA
How long does it take to sell a home in 02720, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 25 Days | -16.6% |
Summary: Homes in 02720 had an average of 25 days on market in Mar 2024, down by 16.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 02720; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.