Is West Waltham, 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 Waltham has remained a Seller's Market.
Key Takeaway
West Waltham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Waltham, MA
How much do homes in West Waltham, MA cost?
Median Sold Price
$800,000
$444/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Waltham have sold for 29% more than they did a year ago.
Summary: The median home sold price in West Waltham was $800,000 in April 2024, up 29% from last year, and the median price per square foot was $444.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $381.5K | $660K | +73.0% |
| 3 Bedrooms | $698K | $800K | +14.6% |
| 4 Bedrooms | $565K | $810K | +43.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: West Waltham 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 73%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 43.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| West Waltham | $620K | $800K | +29.0% |
| Bank Square | $650K | $682.5K | +5.0% |
Housing Supply in West Waltham, MA
How many homes are available in West Waltham, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Summary: The West Waltham real estate market had 5 homes for sale in April 2024, a 400.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Waltham 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Waltham, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in West Waltham in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Waltham, MA
How long does it take to sell a home in West Waltham, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 20 Days | +122.2% |
Summary: Homes in West Waltham had an average of 20 days on market in Apr 2024, up by 122.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Waltham are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in West Waltham; 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.
