Is 02724, 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, 02724 has remained a Seller's Market.
Housing Prices in 02724, MA
How much do homes in 02724, MA cost?
Median Sold Price
$417,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02724 was $417,500 in March 2024, up 1.8% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $325K | $342.5K | +5.4% |
3 Bedrooms | $385K | $365K | -5.2% |
4 Bedrooms | $369K | $392.5K | +6.4% |
5+ Bedrooms | $532.5K | $607.5K | +14.1% |
Summary: 02724 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Zip Codes
02721 | $431.8K | $440K | +1.9% |
02724 | $410K | $417.5K | +1.8% |
Housing Supply in 02724, MA
How many homes are available in 02724, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 35 | +34.6% |
Summary: The 02724 real estate market had 35 homes for sale in March 2024, a 34.6% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 02724 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 increased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 02724 in March 2024, up by 175.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for 02724, MA
How long does it take to sell a home in 02724, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 33 Days | -45.0% |
Summary: Homes in 02724 had an average of 33 days on market in Mar 2024, down by 45% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 02724; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.