$10,000 Closing Credit*
$1,190,000
1,280 SqFt
2 Beds
•2 Full Baths, 1 Partial
#73312343, Teagan Gaeta, Listing Office: eXp Realty
Is 02113, 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, 02113 was a Seller's Market.
Key Takeaway
02113 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02113, MA
How much do homes in 02113, MA cost?
Median Sold Price
$725,000
$1,024/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-2.0%)
Key Takeaway
Homes in 02113 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 02113 was $725,000 in October 2024, down 2% from last year, and the median price per square foot was $1,024.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $505K | $557K | +10.3% |
| 2 Bedrooms | $775K | $800K | +3.2% |
| 3 Bedrooms | $1.3M | $1.2M | -1.9% |
| 4 Bedrooms | $1.6M | $1.4M | -14.6% |
| 5+ Bedrooms | $3.0M | $1.6M | -44.1% |
Summary: 02113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 44.1%.
Housing Supply in 02113, MA
How many homes are available in 02113, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The 02113 real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 02113 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02113, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 02113 in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 02113, MA
How long does it take to sell a home in 02113, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 120 Days | +154.4% |
Summary: Homes in 02113 had an average of 120 days on market in Oct 2024, up by 154.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 02113 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in 02113; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
