$224,315
0.19 Acres
Land
#73321141, Ryan Mann, Listing Office: Sotheby's International Realty
Is 02601, 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, 02601 has remained a Seller's Market.
Key Takeaway
02601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02601, MA
How much do homes in 02601, MA cost?
Median Sold Price
$522,500
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$73,000(+16.2%)
Key Takeaway
Homes in 02601 have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in 02601 was $522,500 in November 2024, up 16.2% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $243.7K | $270K | +10.8% |
| 2 Bedrooms | $364.9K | $417.5K | +14.4% |
| 3 Bedrooms | $510K | $600K | +17.6% |
| 4 Bedrooms | $575K | $635K | +10.4% |
| 5+ Bedrooms | $829K | $1.2M | +53.8% |
Summary: 02601 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 10.4%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 52 | -13.3% |
Summary: The 02601 real estate market had 52 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 22 | 18 | -18.2% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The 02601 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 18.2%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02601, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 02601 in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 43 Days | +17.1% |
Summary: Homes in 02601 had an average of 43 days on market in Nov 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02601 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 02601; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
