New - 5 days on Rocket
$9,488 Closing Credit¹
#73328547, Kevin McDermott, Listing Office: RE/MAX Destiny
Union Square / Prospect Housing Market Report December 2024•Middlesex County, Massachusetts
Housing Prices in Union Square / Prospect, MA
How much do homes in Union Square / Prospect, MA cost?
Housing Market Conditions
Is Union Square / Prospect, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Union Square / Prospect is a Seller's Market
Difference Since November 2024
Last month, Union Square / Prospect has remained a Seller's Market.
Insight
Union Square / Prospect is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$851,500$823/SqFt
-$248,500
-22.6%
Based on all homes sold in December 2024
Insight
Homes in Union Square / Prospect have sold for 22.6% less than they did a month ago.
Summary: The median home sold price in Union Square / Prospect was $851,500 in December 2024, down 22.6% from last month, and the median price per square foot was $823.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Central Hill | $1.4M | $1.1M | -22.4% |
| Union Square / Prospect | $1.1M | $851.5K | -22.6% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | $810K | N/A |
| 22 Bedrooms | $932.5K | $942.5K | +1.1% |
| 33 Bedrooms | $995K | $818K | -17.8% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | $1.7M | - | N/A |
Summary: Union Square / Prospect housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.1%. The home price for 3 bedroom homes decreased by -17.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Union Square / Prospect, MA
How many homes are available in Union Square / Prospect, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 18Last MonthDec 2024 | ||
| 252 months agoNov 2024 | -28.0 % Change MoMNov – Dec |
Summary: The Union Square / Prospect real estate market had 18 homes for sale in Dec 2024, a 28.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 62 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 13 | 10 | -23.1% |
| 33 Bedrooms | 5 | 3 | -40.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 5 | 3 | -40.0% |
Summary: Union Square / Prospect housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -23.1%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in Union Square / Prospect, MA cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Union Square / Prospect, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Union Square / Prospect in December 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for Union Square / Prospect, MA
How long does it take to sell a home in Union Square / Prospect, MA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days3 Homes
Insight
Most homes in Union Square / Prospect are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Union Square / Prospect; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 67 DaysLast MonthDec 2024 | ||
| 78 Days1 month agoNov 2024 | -14.1 % Change MoMNov – Dec |
Summary: Homes in Union Square / Prospect had an average listing age of 67 days in Dec 2024, down by 14.1% compared to the previous month.
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Newest Listings in Union Square / Prospect, MA
What homes are available in Union Square / Prospect, MA?
$10,000 Closing Credit¹
#73324651, Santana Team, Listing Office: Keller Williams Realty Boston Northwest
$10,000 Closing Credit¹
#73323742, Jamie Cholette, Listing Office: Boston Harbor Real Estate
Backup offers
$10,000 Closing Credit¹
#73305522, The Steve Bremis Team, Listing Office: Steve Bremis Realty Group
Backup offers
$10,000 Closing Credit¹
#73298929, The Steve Bremis Team, Listing Office: Steve Bremis Realty Group
$10,000 Closing Credit¹
#73267979, Charlesgate New Development Team, Listing Office: Charlesgate Realty Group, llc
$9,499 Closing Credit¹
#73207864, Charlesgate New Development Team, Listing Office: Charlesgate Realty Group, llc
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 11/01/2024 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.