Is Weston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Weston was a Neutral Market.
Housing Prices in Weston, MA
How much do homes in Weston, MA cost?
Median Sold Price
$2,232,500
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Weston was $2,232,500 in April 2024, up 5.3% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $569K | -5.2% |
2 Bedrooms | $700K | $852.5K | +21.8% |
3 Bedrooms | $1.1M | $1.4M | +25.5% |
4 Bedrooms | $1.8M | $2.0M | +12.4% |
5+ Bedrooms | $2.8M | $3.1M | +10.1% |
Summary: Weston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
Waltham | $706.6K | $780K | +10.4% |
Wellesley Hills | $2.0M | $2.2M | +10.0% |
Newton | $1.3M | $1.4M | +7.9% |
Weston | $2.1M | $2.2M | +5.3% |
Wellesley | $1.8M | $1.9M | +4.7% |
Housing Supply in Weston, MA
How many homes are available in Weston, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 49 | -2.0% |
Summary: The Weston real estate market had 49 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 30 | 30 | 0.0% |
Summary: The Weston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Weston in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Weston, MA
How long does it take to sell a home in Weston, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 21 Days | -74.9% |
Summary: Homes in Weston had an average of 21 days on market in Apr 2024, down by 74.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Weston; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.