$8,550 Closing Credit*
$720,000
852 SqFt
2 Beds
•1 Full Bath
#73318133, Judy Song, Listing Office: Magic Realty Investment Services
Is 02111, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 02111 was a Neutral Market.
Key Takeaway
02111 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02111, MA
How much do homes in 02111, MA cost?
Median Sold Price
$1,167,500
$1,033/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$115,000(+10.9%)
Key Takeaway
Homes in 02111 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 02111 was $1,167,500 in November 2024, up 10.9% from last year, and the median price per square foot was $1,033.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $810K | +11.7% |
| 2 Bedrooms | $1.3M | $1.2M | -7.1% |
| 3 Bedrooms | $1.7M | $1.9M | +10.0% |
| 4 Bedrooms | $1.1M | $1.7M | +55.7% |
| 5+ Bedrooms | $1.4M | $3.9M | +174.8% |
Summary: 02111 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 55.7%, and 5+ bedroom homes increased by 174.8%.
Housing Supply in 02111, MA
How many homes are available in 02111, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 38 | -7.3% |
Summary: The 02111 real estate market had 38 homes for sale in November 2024, a 7.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 7 | -36.4% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 02111 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02111, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 02111 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 02111, MA
How long does it take to sell a home in 02111, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 102 Days | -12.9% |
Summary: Homes in 02111 had an average of 102 days on market in Nov 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02111 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 02111; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
