$8,609 Closing Credit*
$725,000
1,686 SqFt
3 Beds
•2 Full Baths
#73308385, Natalia Weiner, Listing Office: Gibson Sotheby's International Realty
Is 02645, 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, 02645 has remained a Seller's Market.
Key Takeaway
02645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02645, MA
How much do homes in 02645, MA cost?
Median Sold Price
$792,500
$475/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$127,500(+19.2%)
Key Takeaway
Homes in 02645 have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in 02645 was $792,500 in October 2024, up 19.2% from last year, and the median price per square foot was $475.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $664.5K | $515K | -22.5% |
| 2 Bedrooms | $520K | $534K | +2.7% |
| 3 Bedrooms | $662.5K | $811K | +22.4% |
| 4 Bedrooms | $868K | $972.4K | +12.0% |
| 5+ Bedrooms | $1.2M | $1.0M | -16.8% |
Summary: 02645 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Zip Codes
| 02645 | $665K | $792.5K | +19.2% |
| 02631 | $700K | $675K | -3.6% |
| 02671 | $920K | $820K | -10.9% |
| 02646 | $1.1M | $861.2K | -25.2% |
Housing Supply in 02645, MA
How many homes are available in 02645, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 50 | +19.0% |
Summary: The 02645 real estate market had 50 homes for sale in October 2024, a 19.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 02645 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 13 | +160.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02645, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 02645 in October 2024, up by 160.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for 02645, MA
How long does it take to sell a home in 02645, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 26 Days | -22.9% |
Summary: Homes in 02645 had an average of 26 days on market in Oct 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02645 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 02645; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
