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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weston is a neutral's market

Buyer's
Market

Difference Since November 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

$2,312,500

$546/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$112,500(+5.1%)

Key Takeaway

Homes in Weston have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Weston was $2,312,500 in November 2024, up 5.1% from last year, and the median price per square foot was $546.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $551.5K$622.5K
+12.9%
2 $739.9K$1.0M
+38.5%
3 $1.3M$1.7M
+28.7%
4 $1.9M$2.0M
+5.2%
5+ $3.4M$2.9M
-15.3%

Summary: Weston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Cities

Wellesley
+18.8%
Wellesley Hills
+12.2%
Newton
+7.8%
Waltham
+6.6%
Weston
+5.1%

Housing Supply in Weston, MA

How many homes are available in Weston, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5144-13.7%

Summary: The Weston real estate market had 44 homes for sale in November 2024, a 13.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 55
0.0%
4 139
-30.8%
5+ 3230
-6.3%

Summary: The Weston 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weston, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Weston in November 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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

Nov 2023Nov 2024CHANGE
51 Days27 Days-46.9%

Summary: Homes in Weston had an average of 27 days on market in Nov 2024, down by 46.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Weston; 57% of homes were sold within 30 days, 43% 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 21 Days Ago

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