$10,000 Closing Credit*
$1,295,000
1,821 SqFt
2 Beds
•2 Full Baths, 1 Partial
#73311810, Sandra Simmons, Listing Office: Keller Williams South Watuppa
Is 02748, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 02748 was a Seller's Market.
Key Takeaway
02748 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 02748, MA
How much do homes in 02748, MA cost?
Median Sold Price
$640,000
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+5.8%)
Key Takeaway
Homes in 02748 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 02748 was $640,000 in October 2024, up 5.8% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $312.5K | N/A |
| 2 Bedrooms | $390K | $535K | +37.2% |
| 3 Bedrooms | $552.5K | $655K | +18.6% |
| 4 Bedrooms | $800K | $612.5K | -23.4% |
| 5+ Bedrooms | $2.1M | $947.5K | -56.8% |
Summary: 02748 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.2%, 3 bedroom homes increased by 18.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 39 | 0.0% |
Summary: The 02748 real estate market had 39 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 02748 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 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02748, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 02748 in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 62 Days | -9.9% |
Summary: Homes in 02748 had an average of 62 days on market in Oct 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
4 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 October 2024, 6 homes were sold in 02748; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
