Is West Lower Mills, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Lower Mills has remained a Seller's Market.
Housing Prices in West Lower Mills, MA
How much do homes in West Lower Mills, MA cost?
Median Sold Price
$630,000
$463/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Lower Mills was $630,000 in April 2024, down 8% from last year, and the median price per square foot was $463.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $485.5K | $530K | +9.2% |
2 Bedrooms | $650K | $653K | 0.5% |
3 Bedrooms | $695K | $622.5K | -10.4% |
4 Bedrooms | $640K | $753.4K | +17.7% |
5+ Bedrooms | $1.1M | $875K | -20.5% |
Summary: West Lower Mills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 20.5%.
Median Sold Price Compared To Nearby Neighborhoods
Dorchester | $691.2K | $707.5K | +2.4% |
Mattapan | $650K | $635K | -2.3% |
West Lower Mills | $684.5K | $630K | -8.0% |
Housing Supply in West Lower Mills, MA
How many homes are available in West Lower Mills, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The West Lower Mills real estate market had 8 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 2 | -60.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The West Lower Mills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in West Lower Mills in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Lower Mills, MA
How long does it take to sell a home in West Lower Mills, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
119 Days | 134 Days | +12.6% |
Summary: Homes in West Lower Mills had an average of 134 days on market in Apr 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in West Lower Mills; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.