$4,995,000
4,764 SqFt
6 Beds
•4 Full Baths, 1 Partial
#73318662, Sandrine Deschaux, Listing Office: RE/MAX Destiny
Is 02138, 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, 02138 has remained a Seller's Market.
Key Takeaway
02138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02138, MA
How much do homes in 02138, MA cost?
Median Sold Price
$1,260,000
$865/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$242,500(-16.1%)
Key Takeaway
Homes in 02138 have sold for 16.1% less than they did a year ago.
Summary: The median home sold price in 02138 was $1,260,000 in November 2024, down 16.1% from last year, and the median price per square foot was $865.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $612.5K | $650.5K | +6.2% |
| 2 Bedrooms | $910K | $914K | 0.4% |
| 3 Bedrooms | $1.6M | $1.4M | -13.0% |
| 4 Bedrooms | $2.0M | $2.1M | +4.5% |
| 5+ Bedrooms | $2.5M | $2.2M | -10.1% |
Summary: 02138 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in 02138, MA
How many homes are available in 02138, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 73 | -15.1% |
Summary: The 02138 real estate market had 73 homes for sale in November 2024, a 15.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 7 | -41.7% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 02138 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 41.7%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02138, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 02138 in November 2024, up by 11.8% month-over-month. Of the 19 sold homes, 58% were sold under asking, 11% were sold at asking, and 32% were sold over asking.
Days on Market for 02138, MA
How long does it take to sell a home in 02138, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 48 Days | -0.5% |
Summary: Homes in 02138 had an average of 48 days on market in Nov 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02138 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 02138; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
