Is 02633, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02633 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 02633 was a Buyer's Market.

Key Takeaway

02633 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02633, MA

How much do homes in 02633, MA cost?

Median Sold Price

$1,342,500

$688/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+3.9%)

Key Takeaway

Homes in 02633 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 02633 was $1,342,500 in November 2024, up 3.9% from last year, and the median price per square foot was $688.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $317.5K$437.5K
+37.8%
2 $736K$733.5K
-0.3%
3 $1.4M$1.1M
-17.0%
4 $1.8M$2.1M
+20.1%
5+ $6.9M$4.1M
-40.0%

Summary: 02633 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 17%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes decreased by 40%.

Median Sold Price Compared To Nearby Zip Codes

02645
+20.3%
02633
+3.9%
02653
+2.8%

Housing Supply in 02633, MA

How many homes are available in 02633, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4940-18.4%

Summary: The 02633 real estate market had 40 homes for sale in November 2024, a 18.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 88
0.0%
3 2016
-20.0%
4 85
-37.5%
5+ 108
-20.0%

Summary: The 02633 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02633, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 02633 in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 02633, MA

How long does it take to sell a home in 02633, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
86 Days48 Days-44.0%

Summary: Homes in 02633 had an average of 48 days on market in Nov 2024, down by 44% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 02633 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 02633; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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