Is 02673, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02673 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02673 has remained a Seller's Market.

Key Takeaway

02673 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02673, MA

How much do homes in 02673, MA cost?

Median Sold Price

$484,000

$407/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$26,000(-5.1%)

Key Takeaway

Homes in 02673 have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in 02673 was $484,000 in October 2024, down 5.1% from last year, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $410K$265K
-35.4%
2 $429K$423.7K
-1.2%
3 $535K$574K
+7.3%
4 $570K$727.5K
+27.6%
5+ $950K$1.0M
+8.7%

Summary: 02673 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

02601
+15.7%
02675
+13.0%
02664
+9.1%
02673
-5.1%

Housing Supply in 02673, MA

How many homes are available in 02673, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6461-4.7%

Summary: The 02673 real estate market had 61 homes for sale in October 2024, a 4.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 2123
+9.5%
3 2320
-13.0%
4 1412
-14.3%
5+ 34
+33.3%

Summary: The 02673 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02673, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 02673 in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.

Days on Market for 02673, MA

How long does it take to sell a home in 02673, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days60 Days+69.8%

Summary: Homes in 02673 had an average of 60 days on market in Oct 2024, up by 69.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02673 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 02673; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 4 Days Ago

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