Is Waltham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Waltham has remained a Seller's Market.
Housing Prices in Waltham, MA
How much do homes in Waltham, MA cost?
Median Sold Price
$770,000
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Waltham was $770,000 in March 2024, up 9% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $381.9K | $382.5K | 0.1% |
2 Bedrooms | $555K | $612.5K | +10.4% |
3 Bedrooms | $710K | $785K | +10.6% |
4 Bedrooms | $860.2K | $941.5K | +9.4% |
5+ Bedrooms | $901.9K | $1.1M | +22.0% |
Summary: Waltham housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Cities
Weston | $2.0M | $2.2M | +10.2% |
Newton | $1.3M | $1.4M | +9.8% |
Waltham | $706.2K | $770K | +9.0% |
Watertown Town | $799.6K | $807.5K | +1.0% |
Watertown | $800K | $807.5K | +0.9% |
Housing Supply in Waltham, MA
How many homes are available in Waltham, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
96 | 92 | -4.2% |
Summary: The Waltham real estate market had 92 homes for sale in March 2024, a 4.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 24 | 18 | -25.0% |
3 Bedrooms | 41 | 35 | -14.6% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Waltham housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 27 | -27.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Waltham in March 2024, down by 27.0% month-over-month. Of the 27 sold homes, 26% were sold under asking, 11% were sold at asking, and 63% were sold over asking.
Days on Market for Waltham, MA
How long does it take to sell a home in Waltham, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 34 Days | -5.7% |
Summary: Homes in Waltham had an average of 34 days on market in Mar 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Waltham; 81% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.