$10,000 Closing Credit*
$1,799,000
1,551 SqFt
2 Beds
•2 Full Baths
#73321908, Shaughnessy & Cochran Group, Listing Office: Coldwell Banker Realty - Boston
Is 02127, 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, 02127 was a Seller's Market.
Key Takeaway
02127 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 02127, MA
How much do homes in 02127, MA cost?
Median Sold Price
$903,809
$775/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$83,809(+10.2%)
Key Takeaway
Homes in 02127 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 02127 was $903,809 in November 2024, up 10.2% from last year, and the median price per square foot was $775.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $565K | $577.5K | +2.2% |
| 2 Bedrooms | $780K | $870K | +11.5% |
| 3 Bedrooms | $987.5K | $1.1M | +16.5% |
| 4 Bedrooms | $1.3M | $1.2M | -6.1% |
| 5+ Bedrooms | $1.6M | $1.7M | +11.7% |
Summary: 02127 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in 02127, MA
How many homes are available in 02127, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 181 | 168 | -7.2% |
Summary: The 02127 real estate market had 168 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 10 | -44.4% |
| 2 Bedrooms | 90 | 83 | -7.8% |
| 3 Bedrooms | 38 | 42 | +10.5% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 02127 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02127, you may be able to get a good deal. 72% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 02127 in November 2024, down by 13.8% month-over-month. Of the 25 sold homes, 72% were sold under asking, 8% were sold at asking, and 20% were sold over asking.
Days on Market for 02127, MA
How long does it take to sell a home in 02127, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 43 Days | +2.8% |
Summary: Homes in 02127 had an average of 43 days on market in Nov 2024, up by 2.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02127 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 02127; 48% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
