$10,000 Closing Credit*
$925,000
1,950 SqFt
4 Beds
•2 Full Baths
#73314559, David Lenoir, Listing Office: Coldwell Banker Realty - Cambridge
Is 02143, 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, 02143 has remained a Seller's Market.
Key Takeaway
02143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02143, MA
How much do homes in 02143, MA cost?
Median Sold Price
$1,150,000
$706/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$220,000(+23.7%)
Key Takeaway
Homes in 02143 have sold for 23.7% more than they did a year ago.
Summary: The median home sold price in 02143 was $1,150,000 in October 2024, up 23.7% from last year, and the median price per square foot was $706.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $637.5K | $615K | -3.5% |
| 2 Bedrooms | $865K | $868.5K | 0.4% |
| 3 Bedrooms | $1.1M | $1.2M | +8.3% |
| 4 Bedrooms | $1.1M | $1.3M | +19.5% |
| 5+ Bedrooms | $1.3M | $1.5M | +15.4% |
Summary: 02143 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 02143, MA
How many homes are available in 02143, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 87 | 0.0% |
Summary: The 02143 real estate market had 87 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 5 | -44.4% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 02143 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02143, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 02143 in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.
Days on Market for 02143, MA
How long does it take to sell a home in 02143, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 40 Days | +55.7% |
Summary: Homes in 02143 had an average of 40 days on market in Oct 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02143 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 02143; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
