$10,000 Closing Credit*
$1,650,000
4,250 SqFt
4 Beds
•4 Full Baths, 1 Partial
#73306376, Ari Koufos, Listing Office: Realty Executives
Is 02451, 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, 02451 has remained a Seller's Market.
Key Takeaway
02451 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02451, MA
How much do homes in 02451, MA cost?
Median Sold Price
$735,000
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,500(-1.7%)
Key Takeaway
Homes in 02451 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 02451 was $735,000 in October 2024, down 1.7% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $475K | $296K | -37.7% |
| 2 Bedrooms | $537K | $582K | +8.4% |
| 3 Bedrooms | $700K | $765K | +9.3% |
| 4 Bedrooms | $880K | $1.1M | +27.8% |
| 5+ Bedrooms | $1.0M | $1.2M | +16.5% |
Summary: 02451 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 16.5%.
Housing Supply in 02451, MA
How many homes are available in 02451, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The 02451 real estate market had 41 homes for sale in October 2024, a 2.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 02451 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02451, 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 02451 in October 2024, up by 66.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.
Days on Market for 02451, MA
How long does it take to sell a home in 02451, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +46.0% |
Summary: Homes in 02451 had an average of 29 days on market in Oct 2024, up by 46% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02451 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 02451; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
