Is 02747, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 02747 has remained a Seller's Market.
Housing Prices in 02747, MA
How much do homes in 02747, MA cost?
Median Sold Price
$500,000
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 02747 was $500,000 in April 2024, up 2.9% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308K | $461K | +49.7% |
2 Bedrooms | $355K | $389.2K | +9.6% |
3 Bedrooms | $453.7K | $522K | +15.0% |
4 Bedrooms | $595K | $565K | -5.0% |
5+ Bedrooms | $615K | $750K | +22.0% |
Summary: 02747 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.7%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 22%.
Housing Supply in 02747, MA
How many homes are available in 02747, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 35 | +20.7% |
Summary: The 02747 real estate market had 35 homes for sale in April 2024, a 20.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 7 | 14 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 02747 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 02747 in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 02747, MA
How long does it take to sell a home in 02747, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 36 Days | -11.4% |
Summary: Homes in 02747 had an average of 36 days on market in Apr 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 02747; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.