Weston, Massachusetts Single Family Market Stats April 2011

Weston Massachusetts - Single Family Homes - April 2011

Market Statistics

Weston Homes For Sale

• There are currently 123 single family homes currently for sale in Weston Ma.
• The average list price for these homes is $2,483,589.
• These homes have been on the market for an average of 161.88 days.

Weston Homes Under Agreement

• There are currently 14 single family homes under agreement to be sold in Weston, Ma.
• The average list price for these homes is $1,320,714.
• These homes have been on the market for an average of 76.64 days.

Weston Homes Sold

• 11 single family homes sold this month in Weston, Ma.
• The average sale price for these homes was $1,023,182.
• These homes were on the market for an average of 119.91 days.

Absorption Rate

Absorption Rate is the ability of the real estate market to sell all of the houses currently for sale in a given amount of time. For example if there were currently 100 houses on the market and the houses were selling at a rate of 20 houses per month, there would be a five month supply of homes on the market. We can use this number to help determine what type of market we are in.

• When there is less than a 5 months supply of homes on the market this is considered a Seller's Market.
• When there is more than a 7 months supply of homes on the market this is considered a Buyer's Market.
• When there is between a 5 and 7 months supply of homes on the market this is considered a Balanced Market.