$5,522 Closing Credit*
$465,000
2,106 SqFt
3 Beds
•2 Full Baths
#73309526, Kimberly Allen Team, Listing Office: Berkshire Hathaway HomeServices Realty Professionals
Is 01028, 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, 01028 has remained a Seller's Market.
Key Takeaway
01028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01028, MA
How much do homes in 01028, MA cost?
Median Sold Price
$382,500
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,250(+0.3%)
Key Takeaway
The sold price of homes in 01028 has remained the same since last year.
Summary: The median home sold price in 01028 was $382,500 in October 2024, up 0.3% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299.9K | $310K | +3.4% |
| 3 Bedrooms | $343.6K | $369.9K | +7.7% |
| 4 Bedrooms | $495K | $447.2K | -9.6% |
| 5+ Bedrooms | $368K | $457K | +24.2% |
Summary: 01028 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 24.2%.
Housing Supply in 01028, MA
How many homes are available in 01028, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 59 | -3.3% |
Summary: The 01028 real estate market had 59 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 28 | 26 | -7.1% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 01028 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01028, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 01028 in October 2024, the same as the previous month. Of the 15 sold homes, 33% were sold under asking, 7% were sold at asking, and 60% were sold over asking.
Days on Market for 01028, MA
How long does it take to sell a home in 01028, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 42 Days | +78.8% |
Summary: Homes in 01028 had an average of 42 days on market in Oct 2024, up by 78.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01028 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 01028; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
