$8,301 Closing Credit*
$699,000
600 SqFt
1 Bed
•1 Full Bath
#73306344, Elaine Dolley, Listing Office: Douglas Elliman Real Estate - Park Plaza
Is 02109, 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, 02109 has remained a Seller's Market.
Key Takeaway
02109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02109, MA
How much do homes in 02109, MA cost?
Median Sold Price
$1,202,500
$979/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,500(+3.4%)
Key Takeaway
Homes in 02109 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 02109 was $1,202,500 in October 2024, up 3.4% from last year, and the median price per square foot was $979.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $760K | $587.5K | -22.7% |
| 2 Bedrooms | $1.1M | $1.2M | +4.5% |
| 3 Bedrooms | $2.0M | $2.5M | +25.3% |
| 4 Bedrooms | $1.7M | $1.6M | -7.2% |
| 5+ Bedrooms | $3.0M | $1.8M | -37.0% |
Summary: 02109 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 37%.
Housing Supply in 02109, MA
How many homes are available in 02109, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Summary: The 02109 real estate market had 33 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 02109 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
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 02109, 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 02109 in October 2024, the same as the previous 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 02109, MA
How long does it take to sell a home in 02109, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 34 Days | -17.6% |
Summary: Homes in 02109 had an average of 34 days on market in Oct 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02109 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 02109; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
