$8,608 Closing Credit*
$724,900
3,281 SqFt
8 Beds
•3 Full Baths
#73314624, Derek Viveiros, Listing Office: Amaral & Associates RE
Is 02720, 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, 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
$467,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+9.9%)
Key Takeaway
Homes in 02720 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 02720 was $467,000 in October 2024, up 9.9% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179K | $214K | +19.6% |
| 2 Bedrooms | $280K | $292.5K | +4.5% |
| 3 Bedrooms | $421.5K | $443.5K | +5.2% |
| 4 Bedrooms | $451.4K | $480K | +6.3% |
| 5+ Bedrooms | $551.5K | $600K | +8.8% |
Summary: 02720 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 8.8%.
Housing Supply in 02720, MA
How many homes are available in 02720, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 76 | +5.6% |
Summary: The 02720 real estate market had 76 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 22 | 19 | -13.6% |
Summary: The 02720 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 13.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 23 | +53.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02720, you may be able to get a good deal. 34.8% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 02720 in October 2024, up by 53.3% month-over-month. Of the 23 sold homes, 35% were sold under asking, 30% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 47 Days | +41.1% |
Summary: Homes in 02720 had an average of 47 days on market in Oct 2024, up by 41.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 23 homes were sold in 02720; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
