Westborough Real Estate Market Update

Westborough Real Estate Market Update

As we step into 2025, the Westborough market is showing some key shifts:

• Inventory remains tight, with only six active listings—a 25% decline from last year.
• Homes are taking longer to sell, with days on market rising from 34 to 77 days (a 126% increase).
• Despite longer market times, list prices remain strong, averaging $1.18M (down just 3.9%).
• Price per square foot has risen 6.1%, indicating steady demand for well-positioned properties.
• The absorption rate has surged to 159.7%, signaling that homes are still selling faster than new ones are coming on.
• Months of inventory sits at just 0.63 months, reinforcing a seller’s market.

Year-to-Date Trends

• No new listings, price changes, or pending sales have occurred yet in 2025.
• Over the past 12 months, sales activity increased by 8.5%, with 115 homes sold compared to 106 last year.

What This Means for You

If you’re considering selling, low inventory and steady buyer demand could work in your favor. Buyers, while competition is still present, the extended days on market may present opportunities for negotiation.

Let’s connect to discuss your real estate goals for 2025!