Is Warrendale, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrendale is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Warrendale was a Neutral Market.

Key Takeaway

Warrendale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Warrendale, MA

How much do homes in Warrendale, MA cost?

Median Sold Price

$955,000

$450/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$245,000(+34.5%)

Key Takeaway

Homes in Warrendale have sold for 34.5% more than they did a year ago.

Summary: The median home sold price in Warrendale was $955,000 in April 2024, up 34.5% from last year, and the median price per square foot was $450.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$385K
N/A
2 $360K$439.9K
+22.2%
3 $770K$857.5K
+11.4%
4 $695K$1.0M
+44.2%
5+ $1.2M-
N/A

Summary: Warrendale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 44.2%, and 5+ bedroom homes did not change.

Housing Supply in Warrendale, MA

How many homes are available in Warrendale, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
47+75.0%

Summary: The Warrendale real estate market had 7 homes for sale in April 2024, a 75.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 35
+66.7%
5+ 01
+100.0%

Summary: The Warrendale 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warrendale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Warrendale in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Warrendale, MA

How long does it take to sell a home in Warrendale, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days11 Days-65.1%

Summary: Homes in Warrendale had an average of 11 days on market in Apr 2024, down by 65.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Warrendale are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Warrendale; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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