$10,000 Closing Credit*
$1,699,999
4,264 SqFt
5 Beds
•5 Full Baths, 1 Partial
#73318311, Jonathan Wojtowicz, Listing Office: Re/Max Impact
Is 02748, 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, 02748 has remained a Seller's Market.
Key Takeaway
02748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02748, MA
How much do homes in 02748, MA cost?
Median Sold Price
$650,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,500(+6.1%)
Key Takeaway
Homes in 02748 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 02748 was $650,000 in November 2024, up 6.1% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $312.5K | N/A |
| 2 Bedrooms | $390K | $548.5K | +40.6% |
| 3 Bedrooms | $555K | $655K | +18.0% |
| 4 Bedrooms | $800K | $612.5K | -23.4% |
| 5+ Bedrooms | $2.1M | $947.5K | -56.8% |
Summary: 02748 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.6%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes decreased by 56.8%.
Housing Supply in 02748, MA
How many homes are available in 02748, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The 02748 real estate market had 35 homes for sale in November 2024, a 14.6% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 02748 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 14.3%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02748, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 02748 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 02748, MA
How long does it take to sell a home in 02748, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 47 Days | +89.1% |
Summary: Homes in 02748 had an average of 47 days on market in Nov 2024, up by 89.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02748 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 02748; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
