$9,202 Closing Credit*
$774,900
1,152 SqFt
2 Full Baths
#73320946, Diane Amato, Listing Office: Vylla Home
Is 02151, 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, 02151 has remained a Seller's Market.
Key Takeaway
02151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02151, MA
How much do homes in 02151, MA cost?
Median Sold Price
$650,000
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,125(+5.9%)
Key Takeaway
Homes in 02151 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 02151 was $650,000 in November 2024, up 5.9% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.4K | $345K | +10.4% |
| 2 Bedrooms | $479.9K | $495K | +3.1% |
| 3 Bedrooms | $585K | $650K | +11.1% |
| 4 Bedrooms | $675K | $757K | +12.1% |
| 5+ Bedrooms | $800K | $860.7K | +7.6% |
Summary: 02151 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 02151, MA
How many homes are available in 02151, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 109 | 104 | -4.6% |
Summary: The 02151 real estate market had 104 homes for sale in November 2024, a 4.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 15 | +7.1% |
| 2 Bedrooms | 31 | 26 | -16.1% |
| 3 Bedrooms | 29 | 35 | +20.7% |
| 4 Bedrooms | 18 | 13 | -27.8% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The 02151 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02151, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 02151 in November 2024, down by 20.7% month-over-month. Of the 23 sold homes, 43% were sold under asking, 9% were sold at asking, and 48% were sold over asking.
Days on Market for 02151, MA
How long does it take to sell a home in 02151, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -7.3% |
Summary: Homes in 02151 had an average of 26 days on market in Nov 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02151 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in 02151; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
