$2,695,000
2,084 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73312504, Erik Anderson, Listing Office: Concept Properties
Is 02445, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 02445 was a Neutral 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
$1,035,000
$734/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$186,500(-15.3%)
Key Takeaway
Homes in 02445 have sold for 15.3% less than they did a year ago.
Summary: The median home sold price in 02445 was $1,035,000 in October 2024, down 15.3% from last year, and the median price per square foot was $734.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $505.5K | $558K | +10.4% |
| 2 Bedrooms | $849K | $813K | -4.2% |
| 3 Bedrooms | $1.1M | $1.3M | +10.1% |
| 4 Bedrooms | $1.9M | $1.7M | -13.6% |
| 5+ Bedrooms | $3.0M | $2.6M | -11.8% |
Summary: 02445 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 11.8%.
Housing Supply in 02445, MA
How many homes are available in 02445, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 94 | +8.0% |
Summary: The 02445 real estate market had 94 homes for sale in October 2024, a 8.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The 02445 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
12 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 02445, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 02445 in October 2024, the same as the previous month. Of the 16 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 63 Days | +80.2% |
Summary: Homes in 02445 had an average of 63 days on market in Oct 2024, up by 80.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 16 homes were sold in 02445; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
