$2,968 Closing Credit*
$249,900
845 SqFt
1 Bed
•1 Full Bath
#73322662, Nelly Silva, Listing Office: Paiva Real Estate Services, LLC
Is 02720, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 02720 has remained a Seller's Market.
Key Takeaway
02720 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02720, MA
How much do homes in 02720, MA cost?
Median Sold Price
$480,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$45,000(+10.3%)
Key Takeaway
Homes in 02720 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 02720 was $480,000 in December 2024, up 10.3% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179K | $220K | +22.9% |
| 2 Bedrooms | $280K | $305K | +8.9% |
| 3 Bedrooms | $410K | $460K | +12.2% |
| 4 Bedrooms | $445K | $479.5K | +7.8% |
| 5+ Bedrooms | $550K | $626K | +13.8% |
Summary: 02720 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in 02720, MA
How many homes are available in 02720, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 72 | 70 | -2.8% |
Summary: The 02720 real estate market had 70 homes for sale in December 2024, a 2.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 21 | 18 | -14.3% |
Summary: The 02720 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02720, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 02720 in December 2024, up by 53.8% month-over-month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.
Days on Market for 02720, MA
How long does it take to sell a home in 02720, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 30 Days | 42 Days | +36.2% |
Summary: Homes in 02720 had an average of 42 days on market in Dec 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02720 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in 02720; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
