Is 02745, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 02745 has remained a Seller's Market.
Housing Prices in 02745, MA
How much do homes in 02745, MA cost?
Median Sold Price
$380,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 02745 was $380,000 in February 2024, up 1% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $318K | -15.2% |
2 Bedrooms | $300K | $280K | -6.7% |
3 Bedrooms | $386.5K | $404K | +4.5% |
4 Bedrooms | $399.9K | $379.9K | -5.0% |
5+ Bedrooms | $445K | $490K | +10.1% |
Summary: 02745 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Zip Codes
02743 | $429.9K | $465K | +8.2% |
02745 | $376.3K | $380K | +1.0% |
02747 | $500K | $490K | -2.0% |
Housing Supply in 02745, MA
How many homes are available in 02745, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 | 35 | -23.9% |
Summary: The 02745 real estate market had 35 homes for sale in February 2024, a 23.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 6 | -40.0% |
3 Bedrooms | 25 | 18 | -28.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 02745 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 10 | -41.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 02745 in February 2024, down by 41.2% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 02745, MA
How long does it take to sell a home in 02745, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
58 Days | 41 Days | -28.7% |
Summary: Homes in 02745 had an average of 41 days on market in Feb 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in 02745; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.