Is Westford, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westford is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Westford, MA

How much do homes in Westford, MA cost?

Median Sold Price

$787,500

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,500(+10.1%)

Key Takeaway

Homes in Westford have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Westford was $787,500 in November 2024, up 10.1% from last year, and the median price per square foot was $367.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $484.2K$400K
-17.4%
2 $465K$520K
+11.8%
3 $632.5K$720K
+13.8%
4 $1.0M$1.1M
+9.5%
5+ $1.2M$1.1M
-8.6%

Summary: Westford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Cities

Littleton
+12.6%
Chelmsford
+12.4%
Tyngsborough
+11.2%
Westford
+10.1%
North Chelmsford
+2.6%

Housing Supply in Westford, MA

How many homes are available in Westford, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6653-19.7%

Summary: The Westford real estate market had 53 homes for sale in November 2024, a 19.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1819
+5.6%
3 1311
-15.4%
4 3018
-40.0%
5+ 55
0.0%

Summary: The Westford 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 increased by 5.6%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2210-54.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Westford in November 2024, down by 54.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.

Days on Market for Westford, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days18 Days-35.0%

Summary: Homes in Westford had an average of 18 days on market in Nov 2024, down by 35% compared to last year.

Breakdown of Home Sale Times

9 Homes Were 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 Westford are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Westford; 90% of homes were sold within 30 days, 10% 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 2 Days Ago

Newest Listings in Westford, MA

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