$10,000 Closing Credit*
$1,200,000
3,797 SqFt
5 Beds
•4 Full Baths, 1 Partial
#73314831, Thomas O Neill, Listing Office: Success! Real Estate
Is 02124, 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, 02124 has remained a Seller's Market.
Key Takeaway
02124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02124, MA
How much do homes in 02124, MA cost?
Median Sold Price
$681,500
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,500(-1.9%)
Key Takeaway
Homes in 02124 have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in 02124 was $681,500 in October 2024, down 1.9% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | $454.1K | -3.4% |
| 2 Bedrooms | $547.5K | $540K | -1.4% |
| 3 Bedrooms | $570K | $600K | +5.3% |
| 4 Bedrooms | $780K | $843K | +8.1% |
| 5+ Bedrooms | $925K | $1.0M | +12.9% |
Summary: 02124 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 02124, MA
How many homes are available in 02124, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 90 | +23.3% |
Summary: The 02124 real estate market had 90 homes for sale in October 2024, a 23.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 17 | 25 | +47.1% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The 02124 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02124, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 02124 in October 2024, down by 27.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 02124, MA
How long does it take to sell a home in 02124, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 29 Days | -22.2% |
Summary: Homes in 02124 had an average of 29 days on market in Oct 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02124 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 02124; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
