Is Boston Road, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Boston Road was a Seller's Market.
Key Takeaway
Boston Road is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boston Road, MA
How much do homes in Boston Road, MA cost?
Median Sold Price
$291,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boston Road have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Boston Road was $291,000 in March 2024, up 18.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181K | - | N/A |
| 2 Bedrooms | $205K | $237.4K | +15.8% |
| 3 Bedrooms | $245K | $287.5K | +17.3% |
| 4 Bedrooms | $325K | $320K | -1.5% |
| 5+ Bedrooms | $308K | - | N/A |
Summary: Boston Road housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Boston Road | $245K | $291K | +18.8% |
| Pine Point | $240K | $260K | +8.3% |
| Indian Orchard | $260K | $280.5K | +7.9% |
| Sixteen Acres | $275K | $291K | +5.8% |
Housing Supply in Boston Road, MA
How many homes are available in Boston Road, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Boston Road real estate market had 15 homes for sale in March 2024, a 6.3% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Boston Road 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 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boston Road, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Boston Road in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Boston Road, MA
How long does it take to sell a home in Boston Road, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 60 Days | -1.6% |
Summary: Homes in Boston Road had an average of 60 days on market in Mar 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Boston Road are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Boston Road; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
