Is West Townsend, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, West Townsend was a Seller's Market.
Key Takeaway
West Townsend is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Townsend, MA
How much do homes in West Townsend, MA cost?
Median Sold Price
$331,000
$392/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in West Townsend have sold for 39.8% less than they did a month ago.
Summary: The median home sold price in West Townsend was $331,000 in May 2024, down 39.8% from last month, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $331K | -1.2% |
| 3 Bedrooms | $649.9K | - | N/A |
| 4 Bedrooms | $615K | - | N/A |
| 5+ Bedrooms | $220K | - | N/A |
Summary: West Townsend housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mason | $135.1K | $645K | +377.4% |
| West Townsend | $550K | $331K | -39.8% |
Housing Supply in West Townsend, MA
How many homes are available in West Townsend, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The West Townsend real estate market had 8 homes for sale in May 2024, a 27.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The West Townsend housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Townsend, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in West Townsend in May 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Townsend, MA
How long does it take to sell a home in West Townsend, MA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 Days | 6 Days | -84.0% |
Summary: Homes in West Townsend had an average of 6 days on market in May 2024, down by 84% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Townsend are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in West Townsend; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
