$9,261 Closing Credit*
$779,900
3,180 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73319262, Keren Bouvier, Listing Office: Keller Williams Elite
Is 02703, 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, 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
$490,320
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,445(+5.0%)
Key Takeaway
Homes in 02703 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 02703 was $490,320 in November 2024, up 5% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187.2K | $175.8K | -6.1% |
| 2 Bedrooms | $325K | $368K | +13.2% |
| 3 Bedrooms | $459K | $500K | +8.9% |
| 4 Bedrooms | $550K | $600K | +9.1% |
| 5+ Bedrooms | $585K | $626.2K | +7.1% |
Summary: 02703 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 02703, MA
How many homes are available in 02703, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 116 | -9.4% |
Summary: The 02703 real estate market had 116 homes for sale in November 2024, a 9.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 25 | 20 | -20.0% |
| 3 Bedrooms | 53 | 43 | -18.9% |
| 4 Bedrooms | 29 | 35 | +20.7% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 02703 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 31 | -11.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 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. 61.3% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in 02703 in November 2024, down by 11.4% month-over-month. Of the 31 sold homes, 23% were sold under asking, 16% were sold at asking, and 61% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 26 Days | -0.7% |
Summary: Homes in 02703 had an average of 26 days on market in Nov 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
10 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 November 2024, 31 homes were sold in 02703; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
