$3,978 Closing Credit*
$335,000
945 SqFt
2 Beds
•1 Full Bath
#73315380, Christine Brennan, Listing Office: Century 21 North East
Is 02375, 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, 02375 has remained a Seller's Market.
Key Takeaway
02375 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02375, MA
How much do homes in 02375, MA cost?
Median Sold Price
$550,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$90,100(+19.6%)
Key Takeaway
Homes in 02375 have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in 02375 was $550,000 in October 2024, up 19.6% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $240K | -9.4% |
| 2 Bedrooms | $357.4K | $375K | +4.9% |
| 3 Bedrooms | $565K | $639.5K | +13.2% |
| 4 Bedrooms | $712.5K | $802.7K | +12.7% |
| 5+ Bedrooms | $875K | $815K | -6.9% |
Summary: 02375 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in 02375, MA
How many homes are available in 02375, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The 02375 real estate market had 33 homes for sale in October 2024, a 2.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 02375 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02375, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 02375 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 02375, MA
How long does it take to sell a home in 02375, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 26 Days | +52.5% |
Summary: Homes in 02375 had an average of 26 days on market in Oct 2024, up by 52.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02375 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 02375; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
