$3,999,000
18.82 Acres
Land
#73319760, Peter Kelly, Listing Office: Kelly Group Properties
Is 02050, 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, 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
$775,000
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$44,250(+6.1%)
Key Takeaway
Homes in 02050 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 02050 was $775,000 in November 2024, up 6.1% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225.5K | $395K | +75.2% |
| 2 Bedrooms | $599K | $580K | -3.2% |
| 3 Bedrooms | $705K | $730K | +3.5% |
| 4 Bedrooms | $855K | $1.0M | +20.5% |
| 5+ Bedrooms | $1.4M | $1.2M | -12.2% |
Summary: 02050 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.2%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 12.2%.
Housing Supply in 02050, MA
How many homes are available in 02050, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 64 | -14.7% |
Summary: The 02050 real estate market had 64 homes for sale in November 2024, a 14.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 36 | 35 | -2.8% |
| 4 Bedrooms | 24 | 15 | -37.5% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 02050 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02050, you could pay more than the asking price. 78.3% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 02050 in November 2024, down by 17.9% month-over-month. Of the 23 sold homes, 13% were sold under asking, 9% were sold at asking, and 78% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 20 Days | -10.3% |
Summary: Homes in 02050 had an average of 20 days on market in Nov 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 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 November 2024, 23 homes were sold in 02050; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
