$10,000 Closing Credit*
$889,900
2,200 SqFt
4 Beds
•2 Full Baths
#73313413, Deborah Sanborn, Listing Office: Uptown REALTORS®, LLC
Is 02050, 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, 02050 has remained a Seller's Market.
Key Takeaway
02050 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02050, MA
How much do homes in 02050, MA cost?
Median Sold Price
$769,000
$388/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,750(+5.0%)
Key Takeaway
Homes in 02050 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 02050 was $769,000 in October 2024, up 5% from last year, and the median price per square foot was $388.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225.5K | $395K | +75.2% |
| 2 Bedrooms | $585K | $585K | 0.0% |
| 3 Bedrooms | $702.5K | $711.5K | +1.3% |
| 4 Bedrooms | $850K | $1.0M | +22.9% |
| 5+ Bedrooms | $1.3M | $1.2M | -10.0% |
Summary: 02050 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 02050, MA
How many homes are available in 02050, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 81 | +3.8% |
Summary: The 02050 real estate market had 81 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 34 | 39 | +14.7% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 02050 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02050, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 02050 in October 2024, up by 23.8% month-over-month. Of the 26 sold homes, 23% were sold under asking, 23% were sold at asking, and 54% were sold over asking.
Days on Market for 02050, MA
How long does it take to sell a home in 02050, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 24 Days | -30.9% |
Summary: Homes in 02050 had an average of 24 days on market in Oct 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02050 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 02050; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
