Is Westwood, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Westwood has remained a Seller's Market.
Key Takeaway
Westwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Westwood, MA cost?
Median Sold Price
$1,105,000
$479/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$90,000(+8.9%)
Key Takeaway
Homes in Westwood have sold for 8.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $534.9K | - | N/A |
| 2 Bedrooms | $665K | $740K | +11.3% |
| 3 Bedrooms | $751K | $860K | +14.5% |
| 4 Bedrooms | $1.1M | $1.2M | +7.7% |
| 5+ Bedrooms | $1.7M | $1.9M | +12.1% |
How many homes are available in Westwood, MA?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 34 | 39 | +14.7% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Westwood, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 45 Days | 50 Days | +9.8% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Westwood has remained consistent over time.
