Lesley Lambert, Westfield REALTOR with Park Square Realty offers this real estate market report for March 2018. Learn what is happening in Westfield's real estate market. Prepared by Lesley Lambert, Westfield REALTOR.

1. NEIGHBORHOOD REPORT
Westfield, MA 01085
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Lesley Lambert
REALTOR®
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W| e| s| t| fi| e| l| d, | M| A| | 01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

2. Market Report
WWW.WESTERNMAHOMES.NET

3. Median Sales Price
Public Records
Median Sales Price
Listings
Sales Volume
Public Records
Sales Volume
Listings
MedianSales Price vs. Sales
Volume
Thischart comparesthe price trend and
salesvolume for homesin an area.
Home pricestypically followsales
volume, with a time lag, since sales
activity isthe driver behind price
movements.
Data Source: Public recordsand listings
data
Update Frequency: Monthly
Neighborhood: Housing Stats and Charts
01085 Hampden County Massachusetts USA
Median Estimated Home Value $236K $208K $405K $229K
Estimated Home Value 12-Month Change +3.9% +4% +7.2% +1.6%
Median List Price $190K $180K $390K $89.9K
List Price 1-Month Change -13.3% -2.7% -2.3% -5.4%
List Price 12-Month Change -5% +5.9% +8.3% +2.7%
Median Home Age 55 60 59 45
Own 69% 62% 62% 64%
Rent 31% 38% 38% 36%
$ Value of All Buildings for which Permits Were Issued – $58.7M $1.82B $102B
% Change in Permits for All Buildings – -5% +15% +2%
% Change in $ Value for All Buildings – -8% +17% +7%
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

4. Median List Price
Listing Volume
MedianListingPrice vs. Listing
Volume
Thischart comparesthe listing price and
listing volume for homesin an area.
Listing pricesoften followlisting volume,
with a time lag, because supply can drive
price movements.
Data Source: On- and off-market listings
sources
Update Frequency: Monthly
Sales Count By Price Range
Price Range of Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthswithin different price rangesin
the area of your search. The amount
shown for the subject property issold
data where available, or the property's
estimated value when salesdata are
unavailable (such asa non-disclosure
state) or provided in range format.
Data Source: Public recordsand MLS
data where licensed
Update Frequency: Monthly
Sales Count By Price Per Sq Ft
Price per Square Foot of
Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthsat different pricesper square foot
(living area sourced from public records).
Data Source: Public recordsand MLS
data where licensed
Update Frequency: Monthly
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

5. Sales Count By Living Area
Size of Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthsof different sizesin the area of
your search.
Data Source: Public recordsdata
Update Frequency: Monthly
Sales Count by Age of House
Age Range of Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
monthsof different age rangesin the
area of your search.
Data Source: Public recordsand MLS
data where licensed
Update Frequency: Monthly
Sales Count by Bedroom
Number of Bedrooms in
Homes Sold
Thischart showsthe distribution of
homesreported sold in the past six
months, according to the number of
bedrooms, in the area of your search.
Data Source: Public recordsdata
Update Frequency: Monthly
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

6. Neighborhood: People Stats and Charts
01085 Hampden County Massachusetts USA
Population 42.3K 468K 6.71M 317M
Population Density per Sq Mi – 758 860 –
Population Change since 2010 +2.9% +0.8% +3.6% +2.4%
Median Age 36 39 39 38
Male / Female Ratio 49% 48% 48% 49%
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

7. EducationLevels of
Population
Thischart showsthe educational
achievement levelsof adultsin an area,
compared with other geographies.
Data Source: U.S. CensusAmerican
Community Survey via Esri, 2016
Update Frequency: Annually
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

8. 01085
Populationof Childrenby Age
Group
Thischart showsthe 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
Populationof Adults by Age
Group
Thischart showsthe distribution of the
population of adultsby age range —
from 18 to 75-plus—in the area of your
search.
Data Source: U.S. Census
Update Frequency: Annually
01085
Households WithChildren
Thischart showsthe distribution of
householdswith children, categorized by
marital status, in the area of your search.
Data Source: U.S. Census
Update Frequency: Annually
01085
HouseholdIncome Brackets
Thischart showsannual household
income levelswithin an area.
Data Source: U.S. Census
Update Frequency: Annually
Presidential VotingPattern
Thischart showshowresidentsof a
county voted in the 2016 presidential
election.
Data Source: USElectionAtlas.org
Update Frequency: Quadrennially
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

9. Hampden County
Massachusetts
USA
Unemployment Rate
Thischart showsthe unemployment
trend in the area of your search. The
unemployment rate isan important driver
behind the housing market.
Data Source: Bureau of Labor Statistics
Update Frequency: Monthly
01085
Occupational Categories
Thischart showscategoriesof
employment within an area.
Data Source: U.S. Census
Update Frequency: Annually
Neighborhood: Economic Stats and Charts
01085 Hampden County Massachusetts USA
Income Per Capita $28,471 $26,560 $36,895 $28,930
Median Household Income $62,736 $50,461 $68,563 $53,889
Unemployment Rate – 4.2% 3.1% 4.1%
Unemployment Number – 9.35K 112K 6.58M
Employment Number – 213K 3.51M 154M
Labor Force Number – 222K 3.62M 161M
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

10. 01085
Average Commute Time
Thischart showsaverage commute times
to work, in minutes, by percentage of an
area'spopulation.
Data Source: U.S. Census
Update Frequency: Annually
HowPeople Get to Work
Thischart showsthe typesof
transportation that residentsof the area
you searched use for their commute.
Data Source: U.S. Census
Update Frequency: Annually
Average Monthly
Temperature
Thischart showsaverage temperaturesin
the area you searched.
Data Source: NOAA
Update Frequency: Annually
Neighborhood: Quality of Life Stats and Charts
Quality of Life in01085
01085 Hampden County Massachusetts USA
Elevation (in feet) 675 986 517 –
Annual Rainfall (in inches) 45 47.58 45.79 –
Annual Snowfall (in inches) 52.44 55.02 52.84 –
Days of Full Sun (per year) 83 83 83 –
Travel Time to Work (in minutes) – 23 29 26
Water Quality - Health Violations – – – –
Water Quality - Monitoring and Report Violations – – – –
Superfund Sites 0 1 61 2,340
Brownfield Sites Yes Yes Yes Yes
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018

11. Walkability Scores (out of 5)
Thisneighborhood or ZIP code israted
for walking accessto general pointsof
interest, reflected in the overall score,
plusamenities(such asretail stores) and
leisure (such asrestaurantsand parks).
Other factorsconsidered in the scoresare
street types, weather, public
transportation and population density.
Data Source: Maponics
Update Frequency: Quarterly
Overall Score
2.9
Amenity Score
2.9
LeisureScore
2.8
Westfield, MA01085
Copyright 2018Realtors PropertyResource®LLC. All Rights Reserved.
Informationis not guaranteed. Equal Housing Opportunity. 3/8/2018