$5,895,000
6,960 SqFt
6 Beds
•6 Full Baths, 2 Partial
#73314521, Melissa Dailey, Listing Office: Coldwell Banker Realty - Wellesley
Is Weston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Weston was a Seller's Market.
Key Takeaway
Weston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Weston, MA
How much do homes in Weston, MA cost?
Median Sold Price
$2,220,000
$555/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Weston has remained the same since last year.
Summary: The median home sold price in Weston was $2,220,000 in October 2024, the same as last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $600K | $610K | +1.7% |
| 2 Bedrooms | $737.4K | $965K | +30.9% |
| 3 Bedrooms | $1.3M | $1.7M | +33.8% |
| 4 Bedrooms | $1.8M | $2.0M | +8.9% |
| 5+ Bedrooms | $3.4M | $3.1M | -8.7% |
Summary: Weston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 30.9%, 3 bedroom homes increased by 33.8%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Wellesley | $1.7M | $2.0M | +18.0% |
| Wellesley Hills | $1.9M | $2.2M | +13.6% |
| Newton | $1.4M | $1.4M | +6.4% |
| Waltham | $753K | $781K | +3.7% |
| Weston | $2.2M | $2.2M | 0.0% |
Housing Supply in Weston, MA
How many homes are available in Weston, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 52 | -8.8% |
Summary: The Weston real estate market had 52 homes for sale in October 2024, a 8.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 36 | 35 | -2.8% |
Summary: The Weston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 2.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weston, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Weston in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 17 Days | -54.1% |
Summary: Homes in Weston had an average of 17 days on market in Oct 2024, down by 54.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 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 October 2024, 6 homes were sold in Weston; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
