$5,807 Closing Credit*
$489,000
1,138 SqFt
2 Beds
•1 Full Bath
#73323356, Gil Garnett, Listing Office: RE/MAX Real Estate Center
Is 02747, 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, 02747 has remained a Seller's Market.
Key Takeaway
02747 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02747, MA
How much do homes in 02747, MA cost?
Median Sold Price
$540,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$75,000(+16.1%)
Key Takeaway
Homes in 02747 have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in 02747 was $540,000 in December 2024, up 16.1% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384.5K | $355K | -7.7% |
| 2 Bedrooms | $370K | $415K | +12.2% |
| 3 Bedrooms | $487K | $548K | +12.5% |
| 4 Bedrooms | $575K | $689.9K | +20.0% |
| 5+ Bedrooms | $680K | $785K | +15.4% |
Summary: 02747 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 02747, MA
How many homes are available in 02747, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 56 | 44 | -21.4% |
Summary: The 02747 real estate market had 44 homes for sale in December 2024, a 21.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 2 | -66.7% |
| 3 Bedrooms | 28 | 22 | -21.4% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 02747 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 decreased by 66.7%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02747, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 02747 in December 2024, down by 23.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 0% were sold at asking, and 46% were sold over asking.
Days on Market for 02747, MA
How long does it take to sell a home in 02747, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 30 Days | 56 Days | +83.2% |
Summary: Homes in 02747 had an average of 56 days on market in Dec 2024, up by 83.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02747 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in 02747; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
