$10,000 Closing Credit*
$1,395,000
2,985 SqFt
4 Beds
•4 Full Baths
#73318285, Todd Glaskin, Listing Office: Coldwell Banker Realty - Newton
Is 02460, 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, 02460 has remained a Seller's Market.
Key Takeaway
02460 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02460, MA
How much do homes in 02460, MA cost?
Median Sold Price
$1,350,000
$524/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+1.5%)
Key Takeaway
Homes in 02460 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 02460 was $1,350,000 in November 2024, up 1.5% from last year, and the median price per square foot was $524.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $750K | $800K | +6.7% |
| 3 Bedrooms | $1.1M | $1.1M | -0.5% |
| 4 Bedrooms | $1.5M | $1.4M | -4.5% |
| 5+ Bedrooms | $1.4M | $1.6M | +9.8% |
Summary: 02460 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in 02460, MA
How many homes are available in 02460, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Summary: The 02460 real estate market had 24 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 02460 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02460, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 02460 in November 2024, up by 125.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 02460, MA
How long does it take to sell a home in 02460, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 38 Days | +31.0% |
Summary: Homes in 02460 had an average of 38 days on market in Nov 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02460 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 02460; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
