real estate market report westfield, ma january 2014
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.netTRANSCRIPT
NEIGHBORHOOD REPORT
Westfield, MA 01085
Presented by
Lesley Lambert
Work: (413) 575-3611
[email protected]://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
Median Sales Price vs. SalesVolumeThis chart compares the price trend andsales volume for homes in an area.Home prices typically follow salesvolume, with a time lag, since salesactivity is the driver behind pricemovements.Data Source: Public records data wherelicensed from Lender ProcessingServices (LPS)Update Frequency: Monthly
Median Sales PriceSales Volume
Neighborhood: Housing Stats and Charts 01085 Westfield Hampden County MassachusettsMedian Estimated Home Value $217K $216K $183K $323KEstimated Home Value 12-Month Change 11.8% 11.9% 6.3% 6.1%Median List Price $200K $195K $165K $300KList Price 1-Month Change –0.1% –1% –1.6% –1.1%List Price 12-Month Change 5.4% 5.4% 3.4% 3.5%Median Home Age 56 56 60 60Own 68% 67% 63% 64%Rent 32% 33% 37% 36%Vacancy 2.58% 2.29% 2.86% –$ Value of All Buildings for which Permits Were Issued – – $58.7M $1.82B% Change in Permits for All Buildings – – –5% 15%% Change in $ Value for All Buildings – – –8% 17%
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Median Listing Price vs.Listing VolumeThis chart compares the listing price andlisting volume for homes in an area.Listing prices often follow listing volume,with a time lag, because supply candrive price movements.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly
Median List PriceListing Volume
Price Range of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths within different price ranges inthe area of your search. The amountshown for the subject property is solddata where available, or the property'sestimated value when sales data areunavailable (such as a non-disclosurestate) or provided in range format.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count By Price Range
Price per Square Foot ofHomes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths at different prices per squarefoot in the area of your search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count By Price Per Sq Ft
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Size of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths of different sizes in the area ofyour search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count By Living Area
Age Range of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths of different age ranges in thearea of your search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count by Age of House
Number of Bedrooms inHomes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths, according to the number ofbedrooms, in the area of your search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count by Bedroom
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Population of Children byAge GroupThis chart shows the distribution of thepopulation of children by age range —from birth to 17 — in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually
01085
Population of Adults by AgeGroupThis chart shows the distribution of thepopulation of adults by age range —from 18 to 75-plus — in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually
01085
Households With ChildrenThis chart shows the distribution ofhouseholds with children, categorized bymarital status, in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually
01085
Neighborhood: People Stats and Charts 01085 Westfield Hampden County MassachusettsPopulation 41.8K 41K 463K 6.51MPopulation Density per Sq Mi 680 886 750 835Population Change since 2000 2.5% 2.4% 1.4% 2.6%Median Age 37 39 39 39Male / Female Ratio 48% 48% 48% 48%High School Graduate 35% 35% 32% 26%2-Year Degree 28% 28% 27% 24%Bachelor Degree 18% 17% 15% 22%Post-graduate Degree 9% 9% 9% 17%
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Household Income BracketsThis chart shows annual householdincome levels within an area.Data Source: U.S. CensusUpdate Frequency: Annually
01085
Presidential Voting PatternThis chart shows how residents of acounty voted in the 2012 presidentialelection.Data Source: USElectionAtlas.orgUpdate Frequency: Annually
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Unemployment RateThis chart shows the unemploymenttrend in the area of your search. Theunemployment rate is an important driverbehind the housing market.Data Source: Bureau of Labor StatisticsUpdate Frequency: Monthly
WestfieldHampden CountyMassachusetts
Neighborhood: Economic Stats and Charts 01085 Westfield Hampden County MassachusettsIncome Per Capita $26,782 $26,605 $25,363 $35,051Median Household Income $55,997 $53,772 $48,866 $65,981Unemployment Rate – 7.5% 8.5% 6.6%Unemployment Number – 1.57K 18.4K 228KEmployment Number – 19.2K 198K 3.25MLabor Force Number – 20.8K 216K 3.48M
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Occupational CategoriesThis chart shows categories ofemployment within an area.Data Source: U.S. CensusUpdate Frequency: Annually
01085
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014
Average Commute TimeThis chart shows average commutetimes to work, in minutes, bypercentage of an area's population.Data Source: U.S. CensusUpdate Frequency: Annually
01085
How People Get to WorkThis chart shows the types oftransportation that residents of the areayou searched use for their commute.Data Source: U.S. CensusUpdate Frequency: Annually
Average MonthlyTemperatureThis chart shows average temperaturesin the area you searched.Data Source: NOAAUpdate Frequency: Annually
Neighborhood: Quality of Life Stats and ChartsQuality of Life in 01085 01085 Westfield Hampden County MassachusettsElevation (in feet) 469 423 638 –Annual Rainfall (in inches) 45.01 45 47.58 45.8Annual Snowfall (in inches) 52.51 50.36 55.02 53.14Annual Sunny Days 83 83 83 83Avg Travel Time to Work (in minutes) – 24 22 28Water Quality - Health Violations – – 0 –Water Quality - Monitoring and Report Violations – – 38 –Superfund Sites 0 0 1 36Brownfield Sites Yes Yes Yes Yes
Westfield, MA 01085
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/29/2014