$2,969 Closing Credit*
$250,000
1,985 SqFt
6 Beds
•3 Full Baths
#73309323, Peter Marino, Listing Office: LAER Realty Partners
Is 01020, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 01020 has remained a Seller's Market.
Key Takeaway
01020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01020, MA
How much do homes in 01020, MA cost?
Median Sold Price
$315,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+10.5%)
Key Takeaway
Homes in 01020 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 01020 was $315,000 in October 2024, up 10.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $158.5K | +13.3% |
| 2 Bedrooms | $249.9K | $251K | 0.4% |
| 3 Bedrooms | $287K | $325K | +13.2% |
| 4 Bedrooms | $315.7K | $335.1K | +6.1% |
| 5+ Bedrooms | $364K | $390K | +7.1% |
Summary: 01020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 01020, MA
How many homes are available in 01020, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 82 | -4.7% |
Summary: The 01020 real estate market had 82 homes for sale in October 2024, a 4.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 44 | 40 | -9.1% |
| 4 Bedrooms | 14 | 20 | +42.9% |
| 5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The 01020 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 27 | +8.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01020, you could pay more than the asking price. 74.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 01020 in October 2024, up by 8.0% month-over-month. Of the 27 sold homes, 11% were sold under asking, 15% were sold at asking, and 74% were sold over asking.
Days on Market for 01020, MA
How long does it take to sell a home in 01020, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 26 Days | -0.5% |
Summary: Homes in 01020 had an average of 26 days on market in Oct 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01020 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 01020; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
