$5,213 Closing Credit*
$439,000
820 SqFt
2 Beds
•1 Full Bath
#73319895, Michael Clancy, Listing Office: Tullish & Clancy
Is 02122, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 02122 has remained a Seller's Market.
Key Takeaway
02122 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02122, MA
How much do homes in 02122, MA cost?
Median Sold Price
$685,000
$477/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+3.8%)
Key Takeaway
Homes in 02122 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 02122 was $685,000 in November 2024, up 3.8% from last year, and the median price per square foot was $477.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $336K | -10.4% |
| 2 Bedrooms | $547.4K | $570K | +4.1% |
| 3 Bedrooms | $687.5K | $710K | +3.3% |
| 4 Bedrooms | $744.5K | $750K | +0.7% |
| 5+ Bedrooms | $975K | $1.1M | +14.9% |
Summary: 02122 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 14.9%.
Housing Supply in 02122, MA
How many homes are available in 02122, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 44 | -17.0% |
Summary: The 02122 real estate market had 44 homes for sale in November 2024, a 17.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 25 | 18 | -28.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 02122 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 26.7%, 3 bedroom homes decreased by 28%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02122, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 02122 in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for 02122, MA
How long does it take to sell a home in 02122, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 20 Days | -9.6% |
Summary: Homes in 02122 had an average of 20 days on market in Nov 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02122 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 02122; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
