$10,000 Closing Credit*
$1,200,000
3,368 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73320775, Thom Schoepfer, Listing Office: Keller Williams Realty
Is 02631, 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, 02631 has remained a Seller's Market.
Key Takeaway
02631 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02631, MA
How much do homes in 02631, MA cost?
Median Sold Price
$667,000
$495/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$33,000(-4.7%)
Key Takeaway
Homes in 02631 have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in 02631 was $667,000 in November 2024, down 4.7% from last year, and the median price per square foot was $495.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $305K | +8.9% |
| 2 Bedrooms | $523.7K | $475K | -9.3% |
| 3 Bedrooms | $800K | $770K | -3.8% |
| 4 Bedrooms | $850K | $1.2M | +48.5% |
| 5+ Bedrooms | $1.6M | $1.4M | -10.0% |
Summary: 02631 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Zip Codes
| 02645 | $665K | $800K | +20.3% |
| 02660 | $572.5K | $675K | +17.9% |
| 02653 | $1.0M | $1.1M | +2.8% |
| 02631 | $700K | $667K | -4.7% |
Housing Supply in 02631, MA
How many homes are available in 02631, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 36 | -23.4% |
Summary: The 02631 real estate market had 36 homes for sale in November 2024, a 23.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 17 | 13 | -23.5% |
| 3 Bedrooms | 15 | 10 | -33.3% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 02631 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02631, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 02631 in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 02631, MA
How long does it take to sell a home in 02631, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 29 Days | +2.3% |
Summary: Homes in 02631 had an average of 29 days on market in Nov 2024, up by 2.3% 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 02631 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 02631; 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.
