$4,948,000
6,700 SqFt
5 Beds
•6 Full Baths, 1 Partial
#73307341, Deena Powell, Listing Office: Advisors Living - Weston
Is Weston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Weston was a Seller's Market.
Key Takeaway
Weston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Weston, MA
How much do homes in Weston, MA cost?
Median Sold Price
$2,207,000
$545/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$13,000(-0.6%)
Key Takeaway
Homes in Weston have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Weston was $2,207,000 in September 2024, down 0.6% from last year, and the median price per square foot was $545.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $600K | $610K | +1.7% |
| 2 Bedrooms | $739.9K | $932.5K | +26.0% |
| 3 Bedrooms | $1.3M | $1.6M | +30.0% |
| 4 Bedrooms | $1.8M | $2.0M | +10.4% |
| 5+ Bedrooms | $3.4M | $3.2M | -6.9% |
Summary: Weston housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 26%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Wellesley | $1.7M | $2.0M | +12.6% |
| Wellesley Hills | $1.9M | $2.2M | +11.0% |
| Newton | $1.3M | $1.4M | +10.2% |
| Waltham | $737.5K | $786.9K | +6.7% |
| Weston | $2.2M | $2.2M | -0.6% |
Housing Supply in Weston, MA
How many homes are available in Weston, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 55 | 60 | +9.1% |
Summary: The Weston real estate market had 60 homes for sale in September 2024, a 9.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 35 | 40 | +14.3% |
Summary: The Weston housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weston, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Weston in September 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Weston, MA
How long does it take to sell a home in Weston, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 22 Days | 68 Days | +199.4% |
Summary: Homes in Weston had an average of 68 days on market in Sep 2024, up by 199.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weston are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Weston; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
