West Roxbury, a vibrant neighborhood with a mix of urban and suburban appeal, experienced shifts in its housing market during October 2024. Here’s an overview of key trends:
Key Market Statistics
- Median Sale Price: $666,500 (a decrease, signaling improved affordability)
- Average Days on Market: 23 days (a decline, indicating faster sales)
- Number of Homes Sold: 12 (a decrease, showing slower buyer activity)
- Active Listings: 31 (an increase, offering more options for buyers)
Trends and Insights
The decline in the median sale price and faster sales cycles reflect adjustments in the West Roxbury market, where buyers are taking advantage of more inventory and sellers are pricing competitively. Despite a decrease in total sales, the neighborhood remains attractive due to its affordability relative to nearby suburbs and convenient access to Boston.
Why West Roxbury?
West Roxbury’s charming streets, vibrant local businesses, and accessibility to public transportation make it a top choice for buyers seeking a balance between city life and suburban tranquility.
Buyer and Seller Tips
- For Buyers: Increased inventory and lower prices make this a great time to enter the West Roxbury market.
- For Sellers: Focus on competitive pricing to attract buyers quickly in a market with more active listings.
West Roxbury continues to thrive as a community that offers value and lifestyle appeal.