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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Townsend is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, West Townsend was a Neutral Market.

Key Takeaway

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

Housing Prices in West Townsend, MA

How much do homes in West Townsend, MA cost?

Median Sold Price

$477,500

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$117,500(+32.6%)

Key Takeaway

Homes in West Townsend have sold for 32.6% more than they did a year ago.

Summary: The median home sold price in West Townsend was $477,500 in September 2024, up 32.6% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $277.5K$333K
+20.0%
3 $355K$477.5K
+34.5%
4 $462.9K$615K
+32.8%
5+ $565K$220K
-61.1%

Summary: West Townsend housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes decreased by 61.1%.

Median Sold Price Compared To Nearby Cities

West Townsend
+32.6%
Lunenburg
+8.8%
Ashby
+3.5%
Townsend
+3.0%

Housing Supply in West Townsend, MA

How many homes are available in West Townsend, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
46+50.0%

Summary: The West Townsend real estate market had 6 homes for sale in September 2024, a 50.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The West Townsend housing inventory by bedroom type for September 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Townsend, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in West Townsend in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for West Townsend, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
51 Days49 Days-2.9%

Summary: Homes in West Townsend had an average of 49 days on market in Sep 2024, down by 2.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in West Townsend; 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.

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

Report Updated 29 Days Ago

Newest Listings in West Townsend, MA

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