Is Weston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Weston was a Seller's Market.
Housing Prices in Weston, MA
How much do homes in Weston, MA cost?
Median Sold Price
$2,275,000
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Weston was $2,275,000 in May 2024, up 10.4% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $569K | -5.2% |
2 Bedrooms | $700K | $965K | +37.9% |
3 Bedrooms | $1.2M | $1.4M | +16.7% |
4 Bedrooms | $1.7M | $2.0M | +19.1% |
5+ Bedrooms | $3.0M | $3.1M | +4.1% |
Summary: Weston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Wellesley Hills | $2.0M | $2.2M | +10.7% |
Waltham | $712.5K | $788K | +10.6% |
Weston | $2.0M | $2.2M | +10.4% |
Newton | $1.3M | $1.4M | +8.4% |
Wellesley | $1.8M | $1.9M | +7.5% |
Housing Supply in Weston, MA
How many homes are available in Weston, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 69 | +32.7% |
Summary: The Weston real estate market had 69 homes for sale in May 2024, a 32.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 29 | 40 | +37.9% |
Summary: The Weston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 37.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Weston in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 21 Days | -54.2% |
Summary: Homes in Weston had an average of 21 days on market in May 2024, down by 54.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Weston; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.