$7,718 Closing Credit*
$649,900
2,115 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73314838, The Kim Perrotti Team, Listing Office: Leading Edge Real Estate
Is 02151, 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, 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
$645,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+4.9%)
Key Takeaway
Homes in 02151 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 02151 was $645,000 in October 2024, up 4.9% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $314.9K | $345K | +9.6% |
| 2 Bedrooms | $463.5K | $495K | +6.8% |
| 3 Bedrooms | $575K | $637.5K | +10.9% |
| 4 Bedrooms | $687.5K | $741.7K | +7.9% |
| 5+ Bedrooms | $800K | $855.3K | +6.9% |
Summary: 02151 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 02151, MA
How many homes are available in 02151, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 112 | -3.4% |
Summary: The 02151 real estate market had 112 homes for sale in October 2024, a 3.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 16 | +6.7% |
| 2 Bedrooms | 27 | 31 | +14.8% |
| 3 Bedrooms | 29 | 24 | -17.2% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The 02151 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 14.8%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02151, you could pay more than the asking price. 70.4% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 02151 in October 2024, down by 15.6% month-over-month. Of the 27 sold homes, 22% were sold under asking, 7% were sold at asking, and 70% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 23 Days | -5.0% |
Summary: Homes in 02151 had an average of 23 days on market in Oct 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
22 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 October 2024, 27 homes were sold in 02151; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
