$10,000 Closing Credit*
$1,995,000
4,520 SqFt
13 Beds
•5 Full Baths
#73314034, Markese Daise, Listing Office: Stony Brook & Lennox Realty Advisors
Is 02122, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$690,000
$471/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+6.6%)
Key Takeaway
Homes in 02122 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 02122 was $690,000 in October 2024, up 6.6% from last year, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $330K | -12.0% |
| 2 Bedrooms | $542.9K | $570K | +5.0% |
| 3 Bedrooms | $687.5K | $708.5K | +3.1% |
| 4 Bedrooms | $710K | $750K | +5.6% |
| 5+ Bedrooms | $975K | $1.1M | +13.1% |
Summary: 02122 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 13.1%.
Housing Supply in 02122, MA
How many homes are available in 02122, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 55 | +3.8% |
Summary: The 02122 real estate market had 55 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 02122 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02122, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 02122 in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 23 Days | -33.3% |
Summary: Homes in 02122 had an average of 23 days on market in Oct 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02122 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 02122; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
