$5,047 Closing Credit*
$425,000
963 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73312848, Elizabeth Bain, Listing Office: Commonwealth Standard Realty Advisors
Is 01702, 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, 01702 has remained a Seller's Market.
Key Takeaway
01702 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01702, MA
How much do homes in 01702, MA cost?
Median Sold Price
$560,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+10.9%)
Key Takeaway
Homes in 01702 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 01702 was $560,000 in October 2024, up 10.9% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $242.5K | +9.7% |
| 2 Bedrooms | $350K | $400K | +14.3% |
| 3 Bedrooms | $567.5K | $585K | +3.1% |
| 4 Bedrooms | $677.5K | $707.5K | +4.4% |
| 5+ Bedrooms | $730.2K | $815K | +11.6% |
Summary: 01702 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 01702, MA
How many homes are available in 01702, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 58 | +31.8% |
Summary: The 01702 real estate market had 58 homes for sale in October 2024, a 31.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 9 | 15 | +66.7% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 01702 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01702, you could pay more than the asking price. 84.6% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01702 in October 2024, the same as the previous month. Of the 13 sold homes, 15% were sold under asking, 0% were sold at asking, and 85% were sold over asking.
Days on Market for 01702, MA
How long does it take to sell a home in 01702, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 32 Days | +120.2% |
Summary: Homes in 01702 had an average of 32 days on market in Oct 2024, up by 120.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01702 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 01702; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
