Real Estate Market Report Westfield, MA January 2014

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Information about Real Estate Market Report Westfield, MA January 2014
Real Estate

Published on January 30, 2014

Author: LesleyLambert

Source: slideshare.net

Description

The median home value in Westfield, MA 01085 is up 11.8% over this past year. Find out what price range had the most home sales in Westfield, MA and tons of other demographic and statistical information on the city of Westfield. Presented by Lesley Lambert, Westfield REALTOR with Park Square Realty.
www.westernmahomes.net

NEIGHBORHOOD REPORT Westfield, MA 01085 Presented by Lesley Lambert Work: (413) 575-3611 realestate.lesleylambert@gmail.com http://www.lesleylambert.com – www.lesleylambert.com (unknown) Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Neighborhood: Housing Stats and Charts Median Estimated Home Value 01085 $217K Westfield $216K Hampden County $183K Massachusetts $323K Estimated Home Value 12-Month Change Median List Price List Price 1-Month Change List Price 12-Month Change Median Home Age Own Rent Vacancy $ Value of All Buildings for which Permits Were Issued % Change in Permits for All Buildings 11.8% $200K –0.1% 5.4% 56 68% 32% 2.58% – – 11.9% $195K –1% 5.4% 56 67% 33% 2.29% – – 6.3% $165K –1.6% 3.4% 60 63% 37% 2.86% $58.7M –5% 6.1% $300K –1.1% 3.5% 60 64% 36% – $1.82B 15% % Change in $ Value for All Buildings – – –8% 17% Median Sales Price vs. Sales Volume This chart compares the price trend and sales volume for homes in an area. Home prices typically follow sales volume, with a time lag, since sales activity is the driver behind price movements. Data Source: Public records data where licensed from Lender Processing Services (LPS) Update Frequency: Monthly Median Sales Price Sales Volume Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Median Listing Price vs. Listing Volume This chart compares the listing price and listing volume for homes in an area. Listing prices often follow listing volume, with a time lag, because supply can drive price movements. Data Source: On- and off-market listings sources Update Frequency: Monthly Median List Price Listing Volume Price Range of Homes Sold This chart shows the distribution of homes reported sold in the past six months within different price ranges in the area of your search. The amount shown for the subject property is sold data where available, or the property's estimated value when sales data are unavailable (such as a non-disclosure state) or provided in range format. Data Source: MLS and public records data from Lender Processing Services (LPS) Update Frequency: Monthly Sales Count By Price Range Price per Square Foot of Homes Sold This chart shows the distribution of homes reported sold in the past six months at different prices per square foot in the area of your search. Data Source: MLS and public records data from Lender Processing Services (LPS) Update Frequency: Monthly Sales Count By Price Per Sq Ft Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Size of Homes Sold This chart shows the distribution of homes reported sold in the past six months of different sizes in the area of your search. Data Source: MLS and public records data from Lender Processing Services (LPS) Update Frequency: Monthly Sales Count By Living Area Age Range of Homes Sold This chart shows the distribution of homes reported sold in the past six months of different age ranges in the area of your search. Data Source: MLS and public records data from Lender Processing Services (LPS) Update Frequency: Monthly Sales Count by Age of House Number of Bedrooms in Homes Sold This chart shows the distribution of homes reported sold in the past six months, according to the number of bedrooms, in the area of your search. Data Source: MLS and public records data from Lender Processing Services (LPS) Update Frequency: Monthly Sales Count by Bedroom Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Neighborhood: People Stats and Charts 01085 Westfield Hampden County Massachusetts Population Population Density per Sq Mi 41.8K 680 41K 886 463K 750 6.51M 835 Population Change since 2000 2.5% 2.4% 1.4% 2.6% Median Age Male / Female Ratio 37 48% 39 48% 39 48% 39 48% High School Graduate 2-Year Degree 35% 28% 35% 28% 32% 27% 26% 24% Bachelor Degree 18% 17% 15% 22% Post-graduate Degree 9% 9% 9% 17% Population of Children by Age Group This chart shows the distribution of the population of children by age range — from birth to 17 — in the area of your search. Data Source: U.S. Census Update Frequency: Annually 01085 Population of Adults by Age Group This chart shows the distribution of the population of adults by age range — from 18 to 75-plus — in the area of your search. Data Source: U.S. Census Update Frequency: Annually 01085 Households With Children This chart shows the distribution of households with children, categorized by marital status, in the area of your search. Data Source: U.S. Census Update Frequency: Annually 01085 Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Household Income Brackets This chart shows annual household income levels within an area. Data Source: U.S. Census Update Frequency: Annually 01085 Presidential Voting Pattern This chart shows how residents of a county voted in the 2012 presidential election. Data Source: USElectionAtlas.org Update Frequency: Annually Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Neighborhood: Economic Stats and Charts Income Per Capita 01085 $26,782 Westfield $26,605 Hampden County $25,363 Massachusetts $35,051 Median Household Income Unemployment Rate Unemployment Number Employment Number $55,997 – – – $53,772 7.5% 1.57K 19.2K $48,866 8.5% 18.4K 198K $65,981 6.6% 228K 3.25M Labor Force Number – 20.8K 216K 3.48M Unemployment Rate This chart shows the unemployment trend in the area of your search. The unemployment rate is an important driver behind the housing market. Data Source: Bureau of Labor Statistics Update Frequency: Monthly Westfield Hampden County Massachusetts Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Occupational Categories This chart shows categories of employment within an area. Data Source: U.S. Census Update Frequency: Annually 01085 Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

Westfield, MA 01085 Neighborhood: Quality of Life Stats and Charts Quality of Life in 01085 Elevation (in feet) Annual Rainfall (in inches) 01085 469 45.01 Westfield 423 45 Hampden County 638 47.58 Massachusetts – 45.8 Annual Snowfall (in inches) Annual Sunny Days Avg Travel Time to Work (in minutes) Water Quality - Health Violations 52.51 83 – – 50.36 83 24 – 55.02 83 22 0 53.14 83 28 – Water Quality - Monitoring and Report Violations Superfund Sites Brownfield Sites – 0 Yes – 0 Yes 38 1 Yes – 36 Yes Average Commute Time This chart shows average commute times to work, in minutes, by percentage of an area's population. Data Source: U.S. Census Update Frequency: Annually 01085 How People Get to Work This chart shows the types of transportation that residents of the area you searched use for their commute. Data Source: U.S. Census Update Frequency: Annually Average Monthly Temperature This chart shows average temperatures in the area you searched. Data Source: NOAA Update Frequency: Annually Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014

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