Quarter 1 – Westminster, Massachusetts Market Report as of April 1, 2022

Single Family Home Sales:

• Median Sales Price is Just About Even ($501,920*) from Q1 2021 ($507,000)
• Total Number of Sales is Down 22% (18) from Q1 2021 (23)
• 7 Active Listings on 4/1/2022

*While median price remains stable; Price per square foot is up 12% year over year, still showing increasing values.

~ Inventory Remains Tight

~ 22 Median Days on Market (9 Avg. to Offer)

~ 103% Sold to List Ratio

~ Rising Mortgage Rates May Curb Appreciation in 2022

“Westminster had home sales from $170,000 to $800,000 in Q1, 2022, with 3 over $600,000 and 3 under $350,000 .”