$8,016 Closing Credit*
$675,000
1,650 SqFt
3 Beds
•2 Full Baths
#73320309, The Equity Group, Listing Office: Lock and Key Realty Inc.
Is 02191, 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, 02191 has remained a Seller's Market.
Key Takeaway
02191 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02191, MA
How much do homes in 02191, MA cost?
Median Sold Price
$587,500
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$68,750(+13.3%)
Key Takeaway
Homes in 02191 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 02191 was $587,500 in November 2024, up 13.3% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $325.4K | 0.1% |
| 2 Bedrooms | $460K | $487.5K | +6.0% |
| 3 Bedrooms | $545K | $625K | +14.7% |
| 4 Bedrooms | $655K | $629.5K | -3.9% |
| 5+ Bedrooms | $735K | $750K | +2.0% |
Summary: 02191 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 2%.
Housing Supply in 02191, MA
How many homes are available in 02191, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The 02191 real estate market had 34 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 02191 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02191, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 02191 in November 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for 02191, MA
How long does it take to sell a home in 02191, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -12.8% |
Summary: Homes in 02191 had an average of 28 days on market in Nov 2024, down by 12.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02191 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 02191; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
