$5,388,000
7,385 SqFt
5 Beds
•6 Full Baths, 1 Partial
#73310205, Crystal Paolini, Listing Office: Coldwell Banker Realty - Newton
Is 02420, 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, 02420 has remained a Seller's Market.
Key Takeaway
02420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02420, MA
How much do homes in 02420, MA cost?
Median Sold Price
$1,510,000
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$132,500(+9.6%)
Key Takeaway
Homes in 02420 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 02420 was $1,510,000 in October 2024, up 9.6% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $298.8K | -23.4% |
| 2 Bedrooms | $750K | $705.5K | -5.9% |
| 3 Bedrooms | $970.2K | $1.1M | +18.0% |
| 4 Bedrooms | $1.5M | $1.4M | -7.1% |
| 5+ Bedrooms | $2.4M | $2.5M | +4.9% |
Summary: 02420 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 02420, MA
How many homes are available in 02420, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 40 | +21.2% |
Summary: The 02420 real estate market had 40 homes for sale in October 2024, a 21.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 18 | 25 | +38.9% |
Summary: The 02420 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 38.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02420, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 02420 in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 02420, MA
How long does it take to sell a home in 02420, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -3.9% |
Summary: Homes in 02420 had an average of 19 days on market in Oct 2024, down by 3.9% compared to last year.
Breakdown of Home Sale Times
5 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 02420 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 02420; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
