Local Market Insights August 14, 2025

August 2025 Westwood Real Estate Market Update – What Buyers and Sellers Need to Know

The Westwood housing market is staying strong as we move through late summer. Prices are up, homes are selling quickly, and buyer demand is still high. Whether you’re thinking of buying or selling, here’s what you need to know right now.


📊 Key Market Stats – July & Early August 2025

  • Median Sale Price: ~$1.16M (+6.4% YoY)

  • Median Listing Price: ~$1.4M (+5.7% YoY)

  • Homes Sold in July: 21 (+23.5% vs. last year)

  • Average Days on Market: 16 days (down from 28 days last year)

These numbers show a market that’s competitive and moving fast.


💡 What This Means for Buyers

  • Homes are going under agreement in just over two weeks on average.

  • Inventory is limited, so well-priced, move-in ready homes often see multiple offers.

  • Tip: Get pre-approved and be ready to act quickly to stand out in a competitive offer situation.


💡 What This Means for Sellers

  • This is still a strong seller’s market.

  • Pricing your home strategically—close to the current $1.16M median sale price—helps attract serious buyers quickly.

  • Staging works. Presenting your home in its best light can help you sell faster and for top dollar.

 


🏡 Recent Sales Examples (August 2025)

 

These examples show that while demand is strong, condition, features, and pricing still impact how fast a home sells.

  • 19-21 Fairview St – $1,025,000 – 61 days on market

  • 517 Oak St – $1,230,000 – 51 days on market

  • 137 Pond St – $1,020,000 – 90 days on market

  • 29 Summer St – $3,000,000 – 82 days on market

 

📅 Looking Ahead

  • Inventory may improve heading into the fall as more homeowners decide to list.

  • Buyers are getting more strategic, so expect well-priced homes to continue moving quickly.

  • Mortgage rate shifts could impact affordability and competition in the months ahead.


📞 Thinking of Buying or Selling?

If you’re curious how these trends apply to your home—or you’re looking to buy in Westwood or the surrounding area—I can prepare a personalized market snapshot for you.

Jason Craig

Coldwell Banker Realty – Westwood, MA

📧 jason.craig@cbrealty.com | 📱 415.535.0997