$8,063 Closing Credit*
$679,000
1,523 SqFt
3 Beds
•2 Full Baths
#73308779, David Petrasko, Listing Office: Cape Harbor Realty
Is 02601, 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, 02601 was a Seller's Market.
Key Takeaway
02601 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 02601, MA
How much do homes in 02601, MA cost?
Median Sold Price
$520,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,500(+15.7%)
Key Takeaway
Homes in 02601 have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in 02601 was $520,000 in October 2024, up 15.7% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $275K | +14.6% |
| 2 Bedrooms | $356.9K | $395K | +10.7% |
| 3 Bedrooms | $510K | $575K | +12.7% |
| 4 Bedrooms | $564K | $610K | +8.2% |
| 5+ Bedrooms | $829K | $1.2M | +53.8% |
Summary: 02601 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 53.8%.
Housing Supply in 02601, MA
How many homes are available in 02601, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 61 | +32.6% |
Summary: The 02601 real estate market had 61 homes for sale in October 2024, a 32.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 15 | 21 | +40.0% |
| 3 Bedrooms | 20 | 26 | +30.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 02601 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 02601, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 02601 in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for 02601, MA
How long does it take to sell a home in 02601, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +127.4% |
Summary: Homes in 02601 had an average of 41 days on market in Oct 2024, up by 127.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02601 has remained consistent over time.
Summary: During October 2024, 10 homes were sold in 02601; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
