Is Westport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Westport has remained a Buyer's Market.
Housing Prices in Westport, MA
How much do homes in Westport, MA cost?
Median Sold Price
$672,500
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Westport was $672,500 in May 2024, up 12.1% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $450K | $415K | -7.8% |
2 Bedrooms | $379.9K | $520K | +36.9% |
3 Bedrooms | $562K | $664.5K | +18.2% |
4 Bedrooms | $735K | $817.5K | +11.2% |
5+ Bedrooms | $593K | $575K | -3.0% |
Summary: Westport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 36.9%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
South Dartmouth | $535K | $650K | +21.5% |
Westport | $600K | $672.5K | +12.1% |
Dartmouth | $500K | $549.9K | +10.0% |
North Dartmouth | $486K | $500K | +2.9% |
Housing Supply in Westport, MA
How many homes are available in Westport, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 56 | +1.8% |
Summary: The Westport real estate market had 56 homes for sale in May 2024, a 1.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 23 | 23 | 0.0% |
4 Bedrooms | 17 | 15 | -11.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Westport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 6 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Westport in May 2024, down by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Westport, MA
How long does it take to sell a home in Westport, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 32 Days | -35.2% |
Summary: Homes in Westport had an average of 32 days on market in May 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Westport; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.