Weston, MA

Weston is a town in Middlesex County, Massachusetts, United States in the Boston metro area. The population of Weston, as of the 2010 U.S. Census, was 11,261. Weston is the wealthiest suburb in the Boston area and has the highest per capita income in Massachusetts. Weston is among the 100 most affluent towns with 1,000 or more households in the United States. Weston also has the number one public school system in Massachusetts, according to Boston Magazine (2009). It has the lowest crime rate among Metro-west Boston suburbs. It was a dry town from 1838 until 2008. Incorporated in 1713, the town is located on a rugged upland plateau.

Weston, MA - Single Family Properties

 
Weston
  • Median price is down by 36.2%.
  • Unit sales are down 37.5% to 5.
  • Months of supply in November was 6.7. This is up 43.0% from 4.7 in November of 2013.
Nearby Areas You May Be Interested In
  • Median price in Cambridge in November was $2,006,000. This is up 144.9% from $819,000 in November of 2013.
  • Unit sales in Wellesley are up by 62.5%.
  • Unit sales in Newton are up 53.1% to 49.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending November, 2014 % Chg From Nov, 2013
Unit Sales 30 -9.1%
Inventory 96 29.7%
Months of Supply 7.6 35.6%
Market Time (Days) 119 2.6%
Price per Sq Ft for Sold $379 -1.9%
Listings Under Contract 29 -3.3%
Changes Favoring Sellers
3 Months Ending November, 2014 % Chg From Nov, 2013
Median Sale Price $1,387,500 12.0%
Sales to List Price Ratio 95.1% 4.2%
New Listings 39 -7.1%
 
Sales
There were 5 unit sales in November. This is down 37.5% from 8 in November of 2013. This is the lowest unit sales have been since 4 in February, 2014. Sales/list price ratio in November moved up to 94.9% from 94.4% in October.

Prices
Median price in November was $880,000. This is down 36.2% from $1,379,250 in November of 2013. This is the lowest median price has been since April, 2013. 3-month median price of $1,387,500 in November was down marginally from $1,421,000 in October but up modestly from $1,238,500 in November of 2013. Price per square foot in November was $324. This is down from $372 in October and down from $352 in November of 2013.

Inventory
Inventory of 84 in November was down 14.3% from 98 in October but up 33.3% from 63 in November of 2013. New listings of 4 in November were down considerably from 12 in October and down somewhat from 5 in November of 2013. Months of supply of 6.7 in November was down modestly from 7.6 in October but up considerably from 4.7 in November of 2013. This is the lowest months of supply has been since March, 2014.

Market Time
Days on market of 76 in November was way down from 169 in October and down modestly from 87 in November of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Middlesex County Ranked by Best Performance
Town % Change
Cambridge 38.37%
Lexington 20.23%
Concord 14.08%
Wayland 13.80%
North Reading 13.33%
Westford 13.18%
Weston 13.04%
Belmont 13.01%
Arlington 12.61%
Holliston 12.48%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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Weston, MA - Single Family Properties

August Headlines
Weston
  • New listings are up 114.3% to 15.
  • Days on market in August was 63. This is down 58.3% from 151 in August of 2013.
  • Inventory is up by 36.7%.
Other Towns In Middlesex County
  • Unit sales in Westford are down 51.1% to 22.
  • Months of supply in Newton in August was 3.6. This is up 32.2% from 2.8 in August of 2013.
  • Days on market in Cambridge is up by 54.2%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending August, 2014 % Chg From Aug, 2013
Unit Sales 60 -15.5%
Sales to List Price Ratio 92.8% -2.5%
Inventory 111 23.3%
Months of Supply 8.6 20.2%
New Listings 62 55.0%
Changes Favoring Sellers
3 Months Ending August, 2014 % Chg From Aug, 2013
Median Sale Price $1,375,000 3.8%
Market Time (Days) 79 -28.8%
Price per Sq Ft for Sold $408 10.1%
Listings Under Contract 50 28.2%
 
Sales
There were 17 unit sales in August. This is down 22.7% from 22 in August of 2013. Sales/list price ratio in August moved up to 95.6% from 91.6% in July.

Prices
Median price in August was $1,340,000. This is up 3.6% from $1,293,500 in August of 2013. This is the lowest median price has been since March, 2014. 3-month median price of $1,375,000 in August was down a little from $1,412,500 in July but up marginally from $1,325,000 in August of 2013. Price per square foot in August was $387. This is down from $412 in July and down from $412 in August of 2013.

Inventory
Inventory of 108 in August was down 0.9% from 109 in July but up 36.7% from 79 in August of 2013. New listings of 15 in August were down modestly from 16 in July but up considerably from 7 in August of 2013. Months of supply of 8.4 in August was up marginally from 8.2 in July and up substantially from 6.1 in August of 2013.

Market Time
Days on market of 63 in August was down a little from 70 in July and way down from 151 in August of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Middlesex County Ranked by Best Performance
Town % Change
Cambridge 31.34%
Lexington 20.59%
Belmont 15.20%
Melrose 14.90%
Holliston 14.75%
Weston 13.41%
Burlington 12.96%
Ashland 12.26%
Hudson 11.86%
Pepperell 11.74%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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Weston, MA - Single Family Properties

July Headlines
Weston
  • Days on market is down 40.7% to 70.
  • 3-month new listings in July were 87. This is up 27.9% from 68 in July of 2013.
  • Price per square foot is up by 11.3%.
Other Towns In Middlesex County
  • Days on market in Medford in July was 50. This is up 194.1% from 17 in July of 2013.
  • Months of supply in Newton is up by 47.9%.
  • Months of supply in Lexington is up 48.3% to 3.4.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending July, 2014 % Chg From Jul, 2013
Unit Sales 60 -6.3%
Sales to List Price Ratio 93.3% -3.1%
Inventory 117 21.9%
Months of Supply 8.7 12.7%
New Listings 87 27.9%
Listings Under Contract 55 -9.8%
Changes Favoring Sellers
3 Months Ending July, 2014 % Chg From Jul, 2013
Median Sale Price $1,412,500 9.7%
Market Time (Days) 77 -16.3%
Price per Sq Ft for Sold $409 14.2%
 
Sales
There were 28 unit sales in July. This is up 7.7% from 26 in July of 2013. Sales/list price ratio in July moved down to 91.6% from 92.5% in June.

Prices
Median price in July was $1,347,938. This is up 0.4% from $1,342,500 in July of 2013. 3-month median price of $1,412,500 in July was down slightly from $1,550,000 in June but up a little from $1,287,500 in July of 2013.

Inventory
Inventory of 109 in July was down 7.6% from 118 in June but up 17.2% from 93 in July of 2013. New listings of 16 in July were down considerably from 31 in June but up moderately from 13 in July of 2013. Months of supply of 8.2 in July was down slightly from 9 in June but up a little from 7.2 in July of 2013.

Market Time
Days on market of 70 in July was down substantially from 113 in June and way down from 118 in July of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Middlesex County Ranked by Best Performance
Town % Change
Cambridge 35.28%
Lexington 22.49%
Melrose 18.48%
Burlington 18.14%
Holliston 17.25%
Belmont 15.56%
Ashland 15.49%
Wayland 14.68%
Weston 14.49%
Arlington 13.84%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)

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    Listings
    photo.aspx?mls=72085402&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    5 Bed

    8.5 Bath

    21,450SqFt

    50 Winsor Way,
    Weston, MA 02493

    $19,950,000

    Listed ByColdwell Banker Residential Brokerage - Weston

    MLS® #72085402 MLS® # 72085402 (Active)
    photo.aspx?mls=72025698&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    7 Bed

    9.0 Bath

    20,000SqFt

    316-320 Wellesley St,
    Weston, MA 02493

    $17,750,000

    Listed ByEngel & Volkers Boston

    MLS® #72025698 MLS® # 72025698 (Active)
    photo.aspx?mls=72113167&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    9 Bed

    7.0 Bath

    12,589SqFt

    5 Concord Road,
    Weston, MA 02493

    $16,900,000

    Listed ByCampion & Company Fine Homes Real Estate

    MLS® #72113167 MLS® # 72113167 (Active)
    photo.aspx?mls=72099061&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    7 Bed

    11.0 Bath

    14,384SqFt

    63 Cart Path Road,
    Weston, MA 02493

    $15,900,000

    Listed ByColdwell Banker Residential Brokerage - Weston

    MLS® #72099061 MLS® # 72099061 (Active)
    photo.aspx?mls=71651903&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    6 Bed

    7.0 Bath

    10,226SqFt

    441 Glen Rd,
    Weston, MA 02493

    $7,187,000

    Listed ByBenoit Mizner Simon & Co. - Weston - Boston Post Rd.

    MLS® #71651903 MLS® # 71651903 (Active)

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    Contact Info
    Agent
    The Walsh Team

    "Best Agents in America 2013"

    William Raveis Real Estate

    73 Central St.
    Wellesley  Massachusetts 02482

    508-934-4030 508-341-4904

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    Last updated on Apr 30, 2017.



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    Last updated on Apr 30, 2017.

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