#73330229, Alena McRoyce, Listing Office: BuildWell Properties
02151 Housing Market Report December 2024•Suffolk County, Massachusetts
Housing Prices in 02151, MA
How much do homes in 02151, MA cost?
Housing Market Conditions
Is 02151, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02151 is a Seller's Market
Difference Since December 2023
Since last year, 02151 has remained a Seller's Market.
02151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 02151 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 02151 was $650,000 in December 2024, up 5.9% from last year, and the median price per square foot was $384.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $315K | $355K | +12.7% |
33 Bedrooms | $589K | $650K | +10.4% |
44 Bedrooms | $672.5K | $765K | +13.8% |
22 Bedrooms | $483.5K | $500K | +3.4% |
55+ Bedrooms | $800K | $870K | +8.8% |
Summary: 02151 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +12.7%. The home price for 3 bedroom homes increased by +10.4%. The home price for 4 bedroom homes increased by +13.8%. The home price for 2 bedroom homes increased by +3.4%. The home price for 5 bedroom homes increased by +8.8%.
Housing supply in 02151, MA
How many homes are available in 02151, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
77Last MonthDec 2024 | ||
942 months agoNov 2024 | -18.1 % Change MoMNov – Dec |
Summary: The 02151 real estate market had 77 homes for sale in Dec 2024, a 18.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthDec 2024 | ||
242 months agoNov 2024 | +4.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 11 | 10 | -9.1% |
33 Bedrooms | 29 | 15 | -48.3% |
44 Bedrooms | 16 | 15 | -6.3% |
22 Bedrooms | 23 | 19 | -17.4% |
55+ Bedrooms | 15 | 18 | +20.0% |
Summary: 02151 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -9.1%. The inventory for 3 bedroom homes decreased by -48.3%. The inventory for 4 bedroom homes decreased by -6.3%. The inventory for 2 bedroom homes decreased by -17.4%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in 02151, MA cost?
Over Asking Price15 Homes
At Asking Price3 Homes
Under Asking Price7 Homes
If you're buying a home in 02151, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 02151 in December 2024, up by 4.2% month-over-month. Of the 25 sold homes, 28% were sold under asking, 12% were sold at asking, and and 60% were sold over asking.
Days on Market for 02151, MA
How long does it take to sell a home in 02151, MA?
Breakdown of Home Sale Times
Under 30 Days19 Homes
30 – 90 Days5 Homes
Over 90 Days1 Home
Many homes in 02151 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 25 homes were sold in 02151; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
26 DaysThis YearDec 2024 | ||
29 Days1 year agoDec 2023 | -10.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 02151 had an average listing age of 26 days in Dec 2024, down by 10.5% compared to the previous year.
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Newest Listings in 02151, MA
What homes are available in 02151, MA?
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.