Is 02110, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02110 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 02110 was a Neutral Market.

Key Takeaway

02110 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02110, MA

How much do homes in 02110, MA cost?

Median Sold Price

$1,862,500

$1,361/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$190,000(+11.4%)

Key Takeaway

Homes in 02110 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 02110 was $1,862,500 in November 2024, up 11.4% from last year, and the median price per square foot was $1,361.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.0M$816.3K
-24.1%
2 $2.1M$2.2M
+7.2%
3 $3.9M$4.2M
+9.0%
4 -$3.9M
N/A
5+ --
N/A

Summary: 02110 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.1%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

02108
+18.5%
02110
+11.4%
02111
+10.9%
02109
-3.3%
02210
-21.5%

Housing Supply in 02110, MA

How many homes are available in 02110, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7170-1.4%

Summary: The 02110 real estate market had 70 homes for sale in November 2024, a 1.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2728
+3.7%
2 3332
-3.0%
3 109
-10.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 02110 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02110, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 02110 in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for 02110, MA

How long does it take to sell a home in 02110, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days74 Days+50.8%

Summary: Homes in 02110 had an average of 74 days on market in Nov 2024, up by 50.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02110 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 02110; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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