$10,000 Closing Credit*
$1,699,000
4,486 SqFt
4 Beds
•5 Full Baths
#73312415, Jessica Rebello, Listing Office: HomeSmart Professionals Real Estate
Is 02771, 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, 02771 was a Seller's Market.
Key Takeaway
02771 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02771, MA
How much do homes in 02771, MA cost?
Median Sold Price
$557,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,000(+11.6%)
Key Takeaway
Homes in 02771 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 02771 was $557,000 in October 2024, up 11.6% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $455K | +102.2% |
| 2 Bedrooms | $380K | $409K | +7.6% |
| 3 Bedrooms | $494.5K | $545K | +10.2% |
| 4 Bedrooms | $670K | $625K | -6.7% |
| 5+ Bedrooms | $992.5K | $940K | -5.3% |
Summary: 02771 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.2%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 02771, MA
How many homes are available in 02771, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 72 | +38.5% |
Summary: The 02771 real estate market had 72 homes for sale in October 2024, a 38.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 23 | 28 | +21.7% |
| 4 Bedrooms | 24 | 31 | +29.2% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The 02771 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02771, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 02771 in October 2024, down by 40.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 02771, MA
How long does it take to sell a home in 02771, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 30 Days | +6.2% |
Summary: Homes in 02771 had an average of 30 days on market in Oct 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02771 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 02771; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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