$10,000 Closing Credit*
$989,000
3,405 SqFt
6 Beds
•3 Full Baths
#73320292, Shomari Lewis, Listing Office: Engel & Volkers East Greenwich
Is 02121, 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, 02121 was a Seller's Market.
Key Takeaway
02121 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 02121, MA
How much do homes in 02121, MA cost?
Median Sold Price
$840,000
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$115,000(+15.9%)
Key Takeaway
Homes in 02121 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 02121 was $840,000 in November 2024, up 15.9% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | - | N/A |
| 2 Bedrooms | $508K | $375K | -26.2% |
| 3 Bedrooms | $567K | $650K | +14.6% |
| 4 Bedrooms | $722.5K | $750K | +3.8% |
| 5+ Bedrooms | $850K | $987.5K | +16.2% |
Summary: 02121 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.2%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 16.2%.
Housing Supply in 02121, MA
How many homes are available in 02121, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 35 | -12.5% |
Summary: The 02121 real estate market had 35 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 28 | 25 | -10.7% |
Summary: The 02121 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 10.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02121, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 02121 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 02121, MA
How long does it take to sell a home in 02121, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 29 Days | -43.1% |
Summary: Homes in 02121 had an average of 29 days on market in Nov 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02121 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 02121; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
