Is 02125, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02125 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02125 has remained a Seller's Market.

Key Takeaway

02125 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02125, MA

How much do homes in 02125, MA cost?

Median Sold Price

$745,000

$513/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+3.5%)

Key Takeaway

Homes in 02125 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 02125 was $745,000 in October 2024, up 3.5% from last year, and the median price per square foot was $513.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $427.5K$475K
+11.1%
2 $605K$635K
+5.0%
3 $690K$637.5K
-7.6%
4 $850K$1.0M
+27.4%
5+ $1.1M$1.1M
+0.7%

Summary: 02125 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

02121
+16.4%
02127
+12.5%
02122
+6.6%
02125
+3.5%

Housing Supply in 02125, MA

How many homes are available in 02125, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7072+2.9%

Summary: The 02125 real estate market had 72 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 2828
0.0%
3 1922
+15.8%
4 00
0.0%
5+ 1919
0.0%

Summary: The 02125 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02125, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 02125 in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.

Days on Market for 02125, MA

How long does it take to sell a home in 02125, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days31 Days-17.4%

Summary: Homes in 02125 had an average of 31 days on market in Oct 2024, down by 17.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02125 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 02125; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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