$10,000 Closing Credit*
$879,900
2,983 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73313760, Sheryle DeGirolamo, Listing Office: Kensington Real Estate Brokerage
Is 02035, 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, 02035 has remained a Seller's Market.
Key Takeaway
02035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02035, MA
How much do homes in 02035, MA cost?
Median Sold Price
$679,900
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,400(+7.5%)
Key Takeaway
Homes in 02035 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 02035 was $679,900 in October 2024, up 7.5% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $341.2K | $263K | -22.9% |
| 2 Bedrooms | $450K | $554.9K | +23.3% |
| 3 Bedrooms | $586K | $623.8K | +6.5% |
| 4 Bedrooms | $775K | $825.5K | +6.5% |
| 5+ Bedrooms | $714.4K | $1.0M | +42.4% |
Summary: 02035 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.9%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 42.4%.
Housing Supply in 02035, MA
How many homes are available in 02035, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 47 | -2.1% |
Summary: The 02035 real estate market had 47 homes for sale in October 2024, a 2.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 02035 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 remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02035, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 02035 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for 02035, MA
How long does it take to sell a home in 02035, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +13.2% |
Summary: Homes in 02035 had an average of 25 days on market in Oct 2024, up by 13.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02035 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 02035; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
