$10,000 Closing Credit*
$999,000
3,618 SqFt
7 Beds
•3 Full Baths
#73313016, Tricia Duffey, Listing Office: Conway - Scituate
Is 02045, 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, 02045 has remained a Seller's Market.
Key Takeaway
02045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02045, MA
How much do homes in 02045, MA cost?
Median Sold Price
$625,000
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$79,000(+14.5%)
Key Takeaway
Homes in 02045 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 02045 was $625,000 in October 2024, up 14.5% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $377.5K | +14.4% |
| 2 Bedrooms | $495.5K | $450K | -9.2% |
| 3 Bedrooms | $570K | $652.4K | +14.5% |
| 4 Bedrooms | $650K | $675K | +3.8% |
| 5+ Bedrooms | $1.0M | $1.3M | +22.4% |
Summary: 02045 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 22.4%.
Housing Supply in 02045, MA
How many homes are available in 02045, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 62 | +5.1% |
Summary: The 02045 real estate market had 62 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 02045 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02045, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 02045 in October 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for 02045, MA
How long does it take to sell a home in 02045, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 34 Days | -4.9% |
Summary: Homes in 02045 had an average of 34 days on market in Oct 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02045 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 02045; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
