$8,075 Closing Credit*
$680,000
5,765 SqFt
7 Beds
•6 Full Baths
#73313350, Nick Helgesen, Listing Office: Better Living Real Estate, LLC
Is 02740, 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, 02740 has remained a Seller's Market.
Key Takeaway
02740 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02740, MA
How much do homes in 02740, MA cost?
Median Sold Price
$420,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,000(+8.2%)
Key Takeaway
Homes in 02740 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 02740 was $420,000 in October 2024, up 8.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $310K | -15.1% |
| 2 Bedrooms | $320K | $340K | +6.3% |
| 3 Bedrooms | $352.5K | $380K | +7.8% |
| 4 Bedrooms | $376K | $430K | +14.4% |
| 5+ Bedrooms | $450K | $525K | +16.7% |
Summary: 02740 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 16.7%.
Housing Supply in 02740, MA
How many homes are available in 02740, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 105 | +2.9% |
Summary: The 02740 real estate market had 105 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 30 | 27 | -10.0% |
| 4 Bedrooms | 28 | 32 | +14.3% |
| 5+ Bedrooms | 35 | 35 | 0.0% |
Summary: The 02740 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 22.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02740, you could pay more than the asking price. 68.2% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 02740 in October 2024, the same as the previous month. Of the 22 sold homes, 32% were sold under asking, 0% were sold at asking, and 68% were sold over asking.
Days on Market for 02740, MA
How long does it take to sell a home in 02740, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 36 Days | +37.9% |
Summary: Homes in 02740 had an average of 36 days on market in Oct 2024, up by 37.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02740 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 02740; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
