Is Weston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Weston was a Neutral Market.
Housing Prices in Weston, MA
How much do homes in Weston, MA cost?
Median Sold Price
$2,232,500
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Weston was $2,232,500 in March 2024, up 10.2% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $553K | $569K | +2.9% |
2 Bedrooms | $702.5K | $852.5K | +21.4% |
3 Bedrooms | $1.1M | $1.4M | +23.1% |
4 Bedrooms | $1.7M | $2.0M | +18.7% |
5+ Bedrooms | $2.7M | $3.1M | +14.4% |
Summary: Weston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 14.4%.
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% |
Wellesley Hills | $2.0M | $2.2M | +7.3% |
Wellesley | $1.8M | $1.8M | +1.4% |
Housing Supply in Weston, MA
How many homes are available in Weston, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 49 | +36.1% |
Summary: The Weston real estate market had 49 homes for sale in March 2024, a 36.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 23 | 30 | +30.4% |
Summary: The Weston housing inventory by bedroom type for March 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 50%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 30.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Weston in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Weston, MA
How long does it take to sell a home in Weston, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 64 Days | +33.2% |
Summary: Homes in Weston had an average of 64 days on market in Mar 2024, up by 33.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Weston; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.