$3,561 Closing Credit*
$299,900
1,785 SqFt
5 Beds
•1 Full Bath, 1 Partial
#73312613, Nunley Group, Listing Office: Executive Real Estate, Inc.
Is East Forest Park, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Forest Park has remained a Seller's Market.
Key Takeaway
East Forest Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Forest Park, MA
How much do homes in East Forest Park, MA cost?
Median Sold Price
$300,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+9.1%)
Key Takeaway
Homes in East Forest Park have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in East Forest Park was $300,000 in October 2024, up 9.1% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $243.7K | $263K | +7.9% |
| 3 Bedrooms | $280K | $305K | +8.9% |
| 4 Bedrooms | $297.5K | $315K | +5.9% |
| 5+ Bedrooms | $350K | $342.5K | -2.1% |
Summary: East Forest Park 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 7.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Hill | $250K | $300K | +20.0% |
| East Forest Park | $275K | $300K | +9.1% |
| Sixteen Acres | $284.6K | $300K | +5.4% |
Housing Supply in East Forest Park, MA
How many homes are available in East Forest Park, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 51 | +15.9% |
Summary: The East Forest Park real estate market had 51 homes for sale in October 2024, a 15.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Forest Park 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 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Forest Park, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in East Forest Park in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 0% were sold under asking, 9% were sold at asking, and 91% were sold over asking.
Days on Market for East Forest Park, MA
How long does it take to sell a home in East Forest Park, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 36 Days | +51.6% |
Summary: Homes in East Forest Park had an average of 36 days on market in Oct 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Forest Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in East Forest Park; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
