Is West Roxbury, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Roxbury is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Roxbury has remained a Seller's Market.

Key Takeaway

West Roxbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Roxbury, MA

How much do homes in West Roxbury, MA cost?

Median Sold Price

$750,000

$494/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-1.3%)

Key Takeaway

Homes in West Roxbury have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in West Roxbury was $750,000 in November 2024, down 1.3% from last year, and the median price per square foot was $494.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360.5K$392K
+8.7%
2 $549.5K$576K
+4.8%
3 $800K$778K
-2.8%
4 $861K$935K
+8.6%
5+ $1.0M$1.0M
-2.3%

Summary: West Roxbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Neighborhoods

Hyde Park
+8.3%
Roslindale
+4.3%
West Roxbury
-1.3%
Oak Hill
-13.9%

Housing Supply in West Roxbury, MA

How many homes are available in West Roxbury, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9983-16.2%

Summary: The West Roxbury real estate market had 83 homes for sale in November 2024, a 16.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 3126
-16.1%
3 2817
-39.3%
4 2527
+8.0%
5+ 1210
-16.7%

Summary: The West Roxbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 39.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2132+52.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Roxbury, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in West Roxbury in November 2024, up by 52.4% month-over-month. Of the 32 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for West Roxbury, MA

How long does it take to sell a home in West Roxbury, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days32 Days-14.9%

Summary: Homes in West Roxbury had an average of 32 days on market in Nov 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Roxbury are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 32 homes were sold in West Roxbury; 63% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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