$2,849 Closing Credit*
$239,900
1,048 SqFt
2 Beds
•1 Full Bath
#73320962, Karol Makusiewicz, Listing Office: Signature Realty
Is 01020, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, up 10.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $165K | +13.0% |
| 2 Bedrooms | $250K | $250.5K | 0.2% |
| 3 Bedrooms | $286.5K | $325K | +13.4% |
| 4 Bedrooms | $315.7K | $325K | +2.9% |
| 5+ Bedrooms | $364K | $390K | +7.1% |
Summary: 01020 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 2.9%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 | 69 | -18.8% |
Summary: The 01020 real estate market had 69 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 42 | 29 | -31.0% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 01020 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 31%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01020, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 01020 in November 2024, down by 14.8% month-over-month. Of the 23 sold homes, 17% were sold under asking, 26% were sold at asking, and 57% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 28 Days | -18.4% |
Summary: Homes in 01020 had an average of 28 days on market in Nov 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01020 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in 01020; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
