$8,289 Closing Credit*
$698,000
1,469 SqFt
4 Beds
•2 Full Baths
#73319378, Patsy Whitney, Listing Office: William Raveis R.E. & Home Services
Is 02045, 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, 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
$610,000
$419/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+11.9%)
Key Takeaway
Homes in 02045 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 02045 was $610,000 in November 2024, up 11.9% from last year, and the median price per square foot was $419.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $390K | +16.4% |
| 2 Bedrooms | $495K | $470K | -5.1% |
| 3 Bedrooms | $567.5K | $657.4K | +15.8% |
| 4 Bedrooms | $655K | $672K | +2.6% |
| 5+ Bedrooms | $1.2M | $1.3M | +8.3% |
Summary: 02045 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 02045, MA
How many homes are available in 02045, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 49 | -10.9% |
Summary: The 02045 real estate market had 49 homes for sale in November 2024, a 10.9% 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 | 10 | 7 | -30.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 02045 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 30%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02045, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 02045 in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 44 Days | -15.8% |
Summary: Homes in 02045 had an average of 44 days on market in Nov 2024, down by 15.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02045 has remained consistent over time.
Summary: During November 2024, 9 homes were sold in 02045; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
