$10,000 Closing Credit*
$1,769,000
2,288 SqFt
4 Beds
•2 Full Baths
#73319636, Rosemary Sullivan, Listing Office: Conway - Hingham
Is 02445, 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, 02445 has remained a Seller's Market.
Key Takeaway
02445 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02445, MA
How much do homes in 02445, MA cost?
Median Sold Price
$1,010,000
$738/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$215,000(-17.6%)
Key Takeaway
Homes in 02445 have sold for 17.6% less than they did a year ago.
Summary: The median home sold price in 02445 was $1,010,000 in November 2024, down 17.6% from last year, and the median price per square foot was $738.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $505.5K | $564K | +11.6% |
| 2 Bedrooms | $803K | $812.5K | +1.2% |
| 3 Bedrooms | $1.2M | $1.3M | +8.3% |
| 4 Bedrooms | $1.9M | $1.7M | -13.2% |
| 5+ Bedrooms | $2.8M | $2.8M | 0.2% |
Summary: 02445 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in 02445, MA
How many homes are available in 02445, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 75 | -15.7% |
Summary: The 02445 real estate market had 75 homes for sale in November 2024, a 15.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 9 | -25.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 27 | 20 | -25.9% |
Summary: The 02445 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 25.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02445, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 02445 in November 2024, down by 21.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for 02445, MA
How long does it take to sell a home in 02445, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 26 Days | +7.2% |
Summary: Homes in 02445 had an average of 26 days on market in Nov 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
10 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 02445 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 02445; 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.
