$10,000 Closing Credit*
$1,100,000
2,416 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73314224, Peter Giannikopoulos, Listing Office: Coldwell Banker Realty - Boston
Is 02481, 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, 02481 has remained a Seller's Market.
Key Takeaway
02481 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02481, MA
How much do homes in 02481, MA cost?
Median Sold Price
$2,211,000
$636/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$265,000(+13.6%)
Key Takeaway
Homes in 02481 have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in 02481 was $2,211,000 in October 2024, up 13.6% from last year, and the median price per square foot was $636.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | - | N/A |
| 2 Bedrooms | $1.0M | $1.0M | -2.2% |
| 3 Bedrooms | $1.1M | $1.3M | +24.9% |
| 4 Bedrooms | $1.8M | $2.1M | +14.3% |
| 5+ Bedrooms | $3.1M | $2.8M | -9.7% |
Summary: 02481 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 2.2%, 3 bedroom homes increased by 24.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 02481, MA
How many homes are available in 02481, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 49 | +2.1% |
Summary: The 02481 real estate market had 49 homes for sale in October 2024, a 2.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The 02481 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02481, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 02481 in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for 02481, MA
How long does it take to sell a home in 02481, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 27 Days | +51.3% |
Summary: Homes in 02481 had an average of 27 days on market in Oct 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02481 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 02481; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
