Is 02748, 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, 02748 has remained a Seller's Market.
Key Takeaway
02748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02748, MA
How much do homes in 02748, MA cost?
Median Sold Price
$600,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02748 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 02748 was $600,000 in March 2024, up 11.1% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $375K | -55.9% |
| 2 Bedrooms | $399.5K | $390K | -2.4% |
| 3 Bedrooms | $500K | $585K | +17.0% |
| 4 Bedrooms | $1.1M | $545K | -53.5% |
| 5+ Bedrooms | $1.0M | $2.1M | +119.5% |
Summary: 02748 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 53.5%, and 5+ bedroom homes increased by 119.5%.
Housing Supply in 02748, MA
How many homes are available in 02748, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The 02748 real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 02748 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02748, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 02748 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 02748, MA
How long does it take to sell a home in 02748, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 76 Days | 19 Days | -74.6% |
Summary: Homes in 02748 had an average of 19 days on market in Mar 2024, down by 74.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02748 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 02748; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
