$3,539 Closing Credit*
$298,000
687 SqFt
2 Beds
•1 Full Bath
#73313156, Antoinette Lynch, Listing Office: Toner Real Estate, LLC
Is 01902, 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, 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
$548,316
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,816(+7.0%)
Key Takeaway
Homes in 01902 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 01902 was $548,316 in October 2024, up 7% 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 | $245K | $275K | +12.2% |
| 2 Bedrooms | $363.7K | $383.5K | +5.4% |
| 3 Bedrooms | $485K | $535K | +10.3% |
| 4 Bedrooms | $599.9K | $615K | +2.5% |
| 5+ Bedrooms | $765K | $825K | +7.8% |
Summary: 01902 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 01902, MA
How many homes are available in 01902, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 79 | +6.8% |
Summary: The 01902 real estate market had 79 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The 01902 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01902, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 01902 in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 27 Days | -9.4% |
Summary: Homes in 01902 had an average of 27 days on market in Oct 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 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 October 2024, 15 homes were sold in 01902; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
