$199,500
0.52 Acres
Land
#73320538, The Jevne Team, Listing Office: Coldwell Banker Realty - Norwell - Hanover Regional Office
Is 02360, 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, 02360 has remained a Seller's Market.
Key Takeaway
02360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02360, MA
How much do homes in 02360, MA cost?
Median Sold Price
$625,666
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,291(+9.9%)
Key Takeaway
Homes in 02360 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 02360 was $625,666 in November 2024, up 9.9% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $412K | $320K | -22.3% |
| 2 Bedrooms | $540K | $569.9K | +5.5% |
| 3 Bedrooms | $575K | $626.6K | +9.0% |
| 4 Bedrooms | $685K | $715K | +4.4% |
| 5+ Bedrooms | $807.5K | $850K | +5.3% |
Summary: 02360 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 02360, MA
How many homes are available in 02360, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 294 | 260 | -11.6% |
Summary: The 02360 real estate market had 260 homes for sale in November 2024, a 11.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 12 | +50.0% |
| 2 Bedrooms | 99 | 87 | -12.1% |
| 3 Bedrooms | 124 | 112 | -9.7% |
| 4 Bedrooms | 51 | 37 | -27.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 02360 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 55 | -15.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02360, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in 02360 in November 2024, down by 15.4% month-over-month. Of the 55 sold homes, 40% were sold under asking, 22% were sold at asking, and 38% were sold over asking.
Days on Market for 02360, MA
How long does it take to sell a home in 02360, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 32 Days | -12.1% |
Summary: Homes in 02360 had an average of 32 days on market in Nov 2024, down by 12.1% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02360 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 55 homes were sold in 02360; 60% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
