$2,599,000
5,032 SqFt
5 Beds
•5 Full Baths, 1 Partial
#73309582, Chris Kostopoulos Group, Listing Office: Keller Williams Realty
Is 02461, 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, 02461 was a Buyer's Market.
Key Takeaway
02461 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02461, MA
How much do homes in 02461, MA cost?
Median Sold Price
$1,680,000
$612/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$220,000(+15.1%)
Key Takeaway
Homes in 02461 have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in 02461 was $1,680,000 in October 2024, up 15.1% from last year, and the median price per square foot was $612.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | - | N/A |
| 2 Bedrooms | $836K | $777K | -7.1% |
| 3 Bedrooms | $1.2M | $1.2M | +7.3% |
| 4 Bedrooms | $1.6M | $1.6M | -0.3% |
| 5+ Bedrooms | $1.8M | $2.0M | +15.9% |
Summary: 02461 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Zip Codes
| 02464 | $985K | $1.1M | +18.8% |
| 02461 | $1.4M | $1.6M | +15.1% |
| 02459 | $1.6M | $1.8M | +13.5% |
Housing Supply in 02461, MA
How many homes are available in 02461, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The 02461 real estate market had 24 homes for sale in October 2024, a 9.1% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 02461 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 increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02461, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 02461 in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 02461, MA
How long does it take to sell a home in 02461, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 26 Days | -44.6% |
Summary: Homes in 02461 had an average of 26 days on market in Oct 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02461 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 02461; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
