Is Washington Square, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Washington Square has remained a Seller's Market.
Housing Prices in Washington Square, MA
How much do homes in Washington Square, MA cost?
Median Sold Price
$865,000
$759/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Washington Square was $865,000 in May 2024, up 0.6% from last year, and the median price per square foot was $759.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $562.2K | $665K | +18.3% |
2 Bedrooms | $801K | $812.5K | +1.4% |
3 Bedrooms | $1.2M | $1.2M | -2.8% |
4 Bedrooms | $2.2M | $2.1M | -2.5% |
5+ Bedrooms | $2.2M | $2.8M | +26.7% |
Summary: Washington Square housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 26.7%.
Median Sold Price Compared To Nearby Neighborhoods
Coolidge Corner | $985K | $1.1M | +16.8% |
Washington Square | $860K | $865K | +0.6% |
Brookline Hills | $1.3M | $1.2M | -8.4% |
Brighton | $649.9K | $580.6K | -10.7% |
Housing Supply in Washington Square, MA
How many homes are available in Washington Square, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 31 | +6.9% |
Summary: The Washington Square real estate market had 31 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Washington Square housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Washington Square in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Washington Square, MA
How long does it take to sell a home in Washington Square, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 10 Days | -82.3% |
Summary: Homes in Washington Square had an average of 10 days on market in May 2024, down by 82.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Washington Square; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.