$10,000 Closing Credit*
$925,000
2,908 SqFt
6 Beds
•3 Full Baths
#73314854, Kristin Gennetti, Listing Office: Century 21 North East
Is 02148, 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, 02148 has remained a Seller's Market.
Key Takeaway
02148 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02148, MA
How much do homes in 02148, MA cost?
Median Sold Price
$696,833
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$67,583(+10.7%)
Key Takeaway
Homes in 02148 have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in 02148 was $696,833 in October 2024, up 10.7% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $351K | $363K | +3.4% |
| 2 Bedrooms | $432.5K | $489K | +13.1% |
| 3 Bedrooms | $629K | $713.5K | +13.4% |
| 4 Bedrooms | $710K | $792K | +11.5% |
| 5+ Bedrooms | $841.5K | $900K | +7.0% |
Summary: 02148 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 7%.
Housing Supply in 02148, MA
How many homes are available in 02148, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 96 | +14.3% |
Summary: The 02148 real estate market had 96 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The 02148 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 26 | +62.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02148, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 02148 in October 2024, up by 62.5% month-over-month. Of the 26 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for 02148, MA
How long does it take to sell a home in 02148, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 27 Days | +13.7% |
Summary: Homes in 02148 had an average of 27 days on market in Oct 2024, up by 13.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02148 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 02148; 65% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
