Is 02719, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02719 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02719 has remained a Seller's Market.

Key Takeaway

02719 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02719, MA

How much do homes in 02719, MA cost?

Median Sold Price

$475,000

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,050(+8.0%)

Key Takeaway

Homes in 02719 have sold for 8% more than they did a year ago.

Summary: The median home sold price in 02719 was $475,000 in October 2024, up 8% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$275K
+14.6%
2 $410K$377.4K
-8.0%
3 $433K$480K
+10.9%
4 $517K$549K
+6.2%
5+ $605K$550K
-9.1%

Summary: 02719 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

02739
+17.6%
02740
+8.2%
02719
+8.0%
02743
+8.0%

Housing Supply in 02719, MA

How many homes are available in 02719, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6156-8.2%

Summary: The 02719 real estate market had 56 homes for sale in October 2024, a 8.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 1820
+11.1%
3 2725
-7.4%
4 107
-30.0%
5+ 32
-33.3%

Summary: The 02719 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 11.1%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02719, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 02719 in October 2024, down by 42.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for 02719, MA

How long does it take to sell a home in 02719, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days36 Days+85.0%

Summary: Homes in 02719 had an average of 36 days on market in Oct 2024, up by 85% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02719 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 02719; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

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