Is 02743, 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, 02743 has remained a Seller's Market.
Key Takeaway
02743 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02743, MA
How much do homes in 02743, MA cost?
Median Sold Price
$478,500
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02743 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 02743 was $478,500 in March 2024, up 14.5% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313K | $340K | +8.6% |
| 2 Bedrooms | $345K | $370K | +7.2% |
| 3 Bedrooms | $390K | $485K | +24.4% |
| 4 Bedrooms | $487.5K | $572.5K | +17.4% |
| 5+ Bedrooms | $450K | $682K | +51.6% |
Summary: 02743 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 51.6%.
Housing Supply in 02743, MA
How many homes are available in 02743, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The 02743 real estate market had 14 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 02743 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02743, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 02743 in March 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 02743, MA
How long does it take to sell a home in 02743, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 93 Days | 70 Days | -24.3% |
Summary: Homes in 02743 had an average of 70 days on market in Mar 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02743 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 02743; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
