$6,886 Closing Credit*
$579,900
1,430 SqFt
4 Beds
•2 Full Baths
#73312922, Mandy Roberts, Listing Office: Century 21 Butterman & Kryston, Inc.
Is 02703, 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, 02703 has remained a Seller's Market.
Key Takeaway
02703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02703, MA
How much do homes in 02703, MA cost?
Median Sold Price
$489,900
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,900(+6.0%)
Key Takeaway
Homes in 02703 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 02703 was $489,900 in October 2024, up 6% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.7K | $175K | +1.3% |
| 2 Bedrooms | $328K | $350K | +6.7% |
| 3 Bedrooms | $455K | $490K | +7.7% |
| 4 Bedrooms | $550K | $601K | +9.3% |
| 5+ Bedrooms | $575K | $626.2K | +8.9% |
Summary: 02703 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in 02703, MA
How many homes are available in 02703, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 119 | 132 | +10.9% |
Summary: The 02703 real estate market had 132 homes for sale in October 2024, a 10.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 27 | 28 | +3.7% |
| 3 Bedrooms | 48 | 50 | +4.2% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 02703 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 3.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02703, you could pay more than the asking price. 59.4% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in 02703 in October 2024, up by 3.2% month-over-month. Of the 32 sold homes, 28% were sold under asking, 13% were sold at asking, and 59% were sold over asking.
Days on Market for 02703, MA
How long does it take to sell a home in 02703, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 23 Days | +13.2% |
Summary: Homes in 02703 had an average of 23 days on market in Oct 2024, up by 13.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02703 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in 02703; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
