Is West Roxbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, West Roxbury has remained a Seller's Market.
Housing Prices in West Roxbury, MA
How much do homes in West Roxbury, MA cost?
Median Sold Price
$775,000
$484/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Roxbury was $775,000 in May 2024, up 3.3% from last year, and the median price per square foot was $484.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $385K | +20.3% |
2 Bedrooms | $505.5K | $580.5K | +14.8% |
3 Bedrooms | $768K | $800K | +4.2% |
4 Bedrooms | $872.5K | $875K | 0.3% |
5+ Bedrooms | $1.0M | $1.1M | +1.4% |
Summary: West Roxbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
Oak Hill Park / Mount Ida | $902K | $2.3M | +163.3% |
West Roxbury | $750K | $775K | +3.3% |
Oak Hill | $2.1M | $2.2M | +2.2% |
Roslindale | $700K | $705K | +0.7% |
Hyde Park | $605.5K | $597.7K | -1.3% |
Housing Supply in West Roxbury, MA
How many homes are available in West Roxbury, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
97 | 107 | +10.3% |
Summary: The West Roxbury real estate market had 107 homes for sale in May 2024, a 10.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 13 | +18.2% |
2 Bedrooms | 20 | 17 | -15.0% |
3 Bedrooms | 31 | 36 | +16.1% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The West Roxbury housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 33 | +13.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in West Roxbury in May 2024, up by 13.8% month-over-month. Of the 33 sold homes, 27% were sold under asking, 6% were sold at asking, and 67% were sold over asking.
Days on Market for West Roxbury, MA
How long does it take to sell a home in West Roxbury, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 22 Days | -21.7% |
Summary: Homes in West Roxbury had an average of 22 days on market in May 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in West Roxbury; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.