$10,000 Closing Credit*
$1,049,900
3,729 SqFt
9 Beds
•3 Full Baths
#73320374, Sherre Weza, Listing Office: COM-PRO Real Estate Services, Inc
Is 01902, 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, 01902 has remained a Seller's Market.
Key Takeaway
01902 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01902, MA
How much do homes in 01902, MA cost?
Median Sold Price
$550,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,333(+5.4%)
Key Takeaway
Homes in 01902 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 01902 was $550,000 in November 2024, up 5.4% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $285K | +14.0% |
| 2 Bedrooms | $363.7K | $380K | +4.5% |
| 3 Bedrooms | $500K | $540K | +8.0% |
| 4 Bedrooms | $599.9K | $615K | +2.5% |
| 5+ Bedrooms | $770K | $825K | +7.1% |
Summary: 01902 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 01902, MA
How many homes are available in 01902, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 69 | -11.5% |
Summary: The 01902 real estate market had 69 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 25 | 22 | -12.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 23 | 21 | -8.7% |
Summary: The 01902 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01902, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 01902 in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for 01902, MA
How long does it take to sell a home in 01902, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 24 Days | -17.6% |
Summary: Homes in 01902 had an average of 24 days on market in Nov 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01902 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 01902; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
