Is 02740, 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, 02740 has remained a Seller's Market.
Housing Prices in 02740, MA
How much do homes in 02740, MA cost?
Median Sold Price
$410,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02740 was $410,000 in March 2024, up 13.9% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222.5K | $337.5K | +51.7% |
2 Bedrooms | $299.5K | $330K | +10.2% |
3 Bedrooms | $345K | $375K | +8.7% |
4 Bedrooms | $355K | $391K | +10.1% |
5+ Bedrooms | $430K | $475.6K | +10.6% |
Summary: 02740 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.7%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in 02740, MA
How many homes are available in 02740, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 59 | +5.4% |
Summary: The 02740 real estate market had 59 homes for sale in March 2024, a 5.4% 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 | 4 | 7 | +75.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The 02740 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 75%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 15 | -31.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 02740 in March 2024, down by 31.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for 02740, MA
How long does it take to sell a home in 02740, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 47 Days | -8.4% |
Summary: Homes in 02740 had an average of 47 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 02740; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.