Is Washington Square, 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, Washington Square was a Neutral Market.
Key Takeaway
Washington Square is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Washington Square, MA
How much do homes in Washington Square, MA cost?
Median Sold Price
$917,700
$767/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Washington Square have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Washington Square was $917,700 in April 2024, up 7.2% from last year, and the median price per square foot was $767.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $612.5K | $662.5K | +8.2% |
| 2 Bedrooms | $795K | $800K | +0.6% |
| 3 Bedrooms | $1.3M | $1.2M | -6.1% |
| 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 April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 26.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Coolidge Corner | $990K | $1.1M | +14.1% |
| Washington Square | $856K | $917.7K | +7.2% |
| Brookline Hills | $1.2M | $1.2M | -5.2% |
| Brighton | $638.6K | $587.2K | -8.1% |
Housing Supply in Washington Square, MA
How many homes are available in Washington Square, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 28 | +64.7% |
Summary: The Washington Square real estate market had 28 homes for sale in April 2024, a 64.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 8 | +700.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Washington Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 700%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Square, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Washington Square in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 33 Days | +174.1% |
Summary: Homes in Washington Square had an average of 33 days on market in Apr 2024, up by 174.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Washington Square are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Washington Square; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
