$10,000 Closing Credit*
$2,095,000
2,348 SqFt
4 Beds
•4 Full Baths, 1 Partial
#73308184, Frank Celeste, Listing Office: Gibson Sotheby's International Realty
Is 02108, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 02108 was a Seller's Market.
Key Takeaway
02108 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02108, MA
How much do homes in 02108, MA cost?
Median Sold Price
$2,200,000
$1,262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$439,000(+24.9%)
Key Takeaway
Homes in 02108 have sold for 24.9% more than they did a year ago.
Summary: The median home sold price in 02108 was $2,200,000 in October 2024, up 24.9% from last year, and the median price per square foot was $1,262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $722.5K | $670K | -7.3% |
| 2 Bedrooms | $2.1M | $1.6M | -19.8% |
| 3 Bedrooms | $3.4M | $3.6M | +5.0% |
| 4 Bedrooms | $7.8M | $3.2M | -58.1% |
| 5+ Bedrooms | $6.8M | $5.9M | -13.1% |
Summary: 02108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 58.1%, and 5+ bedroom homes decreased by 13.1%.
Housing Supply in 02108, MA
How many homes are available in 02108, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 53 | +17.8% |
Summary: The 02108 real estate market had 53 homes for sale in October 2024, a 17.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 02108 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 02108, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 02108 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 02108, MA
How long does it take to sell a home in 02108, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 20 Days | -15.3% |
Summary: Homes in 02108 had an average of 20 days on market in Oct 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02108 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 02108; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
