$4,630 Closing Credit*
$389,900
1,368 SqFt
3 Beds
•2 Full Baths
#73320296, Mavilde Carvalho, Listing Office: Lamacchia Realty, Inc.
Is 02745, 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, 02745 has remained a Seller's Market.
Key Takeaway
02745 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02745, MA
How much do homes in 02745, MA cost?
Median Sold Price
$430,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$44,750(+11.6%)
Key Takeaway
Homes in 02745 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 02745 was $430,000 in November 2024, up 11.6% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $334.9K | $263K | -21.5% |
| 2 Bedrooms | $254.2K | $313.1K | +23.1% |
| 3 Bedrooms | $400K | $440K | +10.0% |
| 4 Bedrooms | $375K | $462.5K | +23.3% |
| 5+ Bedrooms | $490K | $600K | +22.4% |
Summary: 02745 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Zip Codes
| 02746 | $438.7K | $538.5K | +22.7% |
| 02747 | $460.5K | $530K | +15.1% |
| 02717 | $493K | $565K | +14.6% |
| 02745 | $385.2K | $430K | +11.6% |
| 02743 | $460K | $490K | +6.5% |
Housing Supply in 02745, MA
How many homes are available in 02745, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 54 | -19.4% |
Summary: The 02745 real estate market had 54 homes for sale in November 2024, a 19.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 27 | 20 | -25.9% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 11 | 7 | -36.4% |
Summary: The 02745 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02745, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 02745 in November 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% were sold over asking.
Days on Market for 02745, MA
How long does it take to sell a home in 02745, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 26 Days | +29.6% |
Summary: Homes in 02745 had an average of 26 days on market in Nov 2024, up by 29.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02745 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 02745; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
