$10,000 Closing Credit*
$999,900
6,264 SqFt
5 Beds
•5 Full Baths
#73314694, Theresa David, Listing Office: Gibson Sotheby's International Realty
Is 02072, 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, 02072 has remained a Seller's Market.
Key Takeaway
02072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02072, MA
How much do homes in 02072, MA cost?
Median Sold Price
$555,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+11.0%)
Key Takeaway
Homes in 02072 have sold for 11% more than they did a year ago.
Summary: The median home sold price in 02072 was $555,000 in October 2024, up 11% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262.5K | $214.2K | -18.4% |
| 2 Bedrooms | $382K | $389.9K | +2.1% |
| 3 Bedrooms | $520K | $560.5K | +7.8% |
| 4 Bedrooms | $615K | $642.5K | +4.5% |
| 5+ Bedrooms | $650K | $795K | +22.3% |
Summary: 02072 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 22.3%.
Housing Supply in 02072, MA
How many homes are available in 02072, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 86 | -5.5% |
Summary: The 02072 real estate market had 86 homes for sale in October 2024, a 5.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 17 | -15.0% |
| 3 Bedrooms | 39 | 46 | +17.9% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 13 | 6 | -53.8% |
Summary: The 02072 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 decreased by 15%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 53.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02072, you could pay more than the asking price. 68% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 02072 in October 2024, down by 7.4% month-over-month. Of the 25 sold homes, 12% were sold under asking, 20% were sold at asking, and 68% were sold over asking.
Days on Market for 02072, MA
How long does it take to sell a home in 02072, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 21 Days | -33.2% |
Summary: Homes in 02072 had an average of 21 days on market in Oct 2024, down by 33.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02072 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 02072; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
