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 December 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

$820,000

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$105,000(+14.7%)

Key Takeaway

Homes in Westford have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in Westford was $820,000 in December 2024, up 14.7% from last year, and the median price per square foot was $367.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $414K$400K
-3.4%
2 $460K$510K
+10.9%
3 $630K$725K
+15.1%
4 $1.0M$1.1M
+10.5%
5+ $1.2M$1.1M
-10.0%

Summary: Westford housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Westford
+14.7%
Chelmsford
+13.7%
Littleton
+12.6%
Tyngsborough
+10.3%
North Chelmsford
+5.3%

Housing Supply in Westford, MA

How many homes are available in Westford, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5341-22.6%

Summary: The Westford real estate market had 41 homes for sale in December 2024, a 22.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1713
-23.5%
3 118
-27.3%
4 2016
-20.0%
5+ 54
-20.0%

Summary: The Westford housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westford, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Westford in December 2024, up by 36.4% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% 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

Dec 2023Dec 2024CHANGE
20 Days27 Days+34.4%

Summary: Homes in Westford had an average of 27 days on market in Dec 2024, up by 34.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were 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 December 2024, 15 homes were sold in Westford; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

Newest Listings in Westford, MA

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