Here is the real estate market report for the first half of 2023 in Westfield, Massachusetts. This report will show you that our local real estate market in Westfield, MA remains strong and continues to be a seller's market at this time.
Prepared by Lesley Lambert, Westfield REALTOR with Park Square Realty, Westfield, MA. Call or text Lesley Lambert, Westfield REALTOR at 413-575-3611 with any of your real estate questions in Westfield, MA.
Are You Thinking About Buying a Home | KM Realty Group LLC
Westfield, MA Real Estate Market Report July 2023.
1. Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
Lesley Lambert REALTOR®
MARKET ACTIVITY REPORT
Westfield, MA 01085
Presented by
Work: (413) 575-3611
Main: realestate.lesleylambert@gmail.com
–
www.westernmahomes.net
44 Elm Street
Westfield, MA 01085
3. Market Activity Report Westfield, MA 01085
Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
This map layer shows the average estimated home values, based on the AVMs and RVMs® for
properties in an area.
Median Est. Home Value
$341K
Updated: 6/30/2023
0.88%
Change Over
Last Month
1.68%
Change Over
Last 3 Months
5.13%
Change Over
Last 12 Months
18.7%
Change Over
Last 24 Months
Westfield, MA 01085
Market Snapshot: Estimated Home Values
About this Data: Estimated home values are generated by a valuation model and are not formal appraisals. Valuations are based on public
records and MLS data where licensed. The metrics shown here reflect SFR and Condos data.
4. Market Activity Report Westfield, MA 01085
Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
This map layer shows the change in estimated home values over the past 12 months, based on the
AVMs and RVMs® for properties in an area.
Median Est. Home Value
$341K
Updated: 6/30/2023
5.13%
Change Over
Last 12 Months
18.7%
Change Over
Last 24 Months
33.6%
Change Over
Last 36 Months
Westfield, MA 01085
Market Snapshot: 12-Month Change in Estimated Value
About this Data: Estimated home values are generated by a valuation model and are not formal appraisals. Valuations are based on public
records and MLS data where licensed. The metrics shown here reflect SFR and Condos data.
5. Market Activity Report Westfield, MA 01085
Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
This map layer shows the concentration of distressed properties, in areas where RPR has MLS data.
Total # of
Distressed Properties
1
Updated: 7/11/2023
# of
Pre-Foreclosures
1
# of
Foreclosures
0
# of
Foreclosed
0
Westfield, MA 01085
Market Snapshot: Concentration of Distressed Properties
About this data: The metrics displayed here reflect distressed property counts (listings and public records) for SFR and Condos as of 7/11/2023.
6. Market Activity Report Westfield, MA 01085
Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
This map layer shows the average sales price for properties sold in the previous six months, in areas
where RPR has MLS data.
Median Sales Price
$377K
Updated: 6/30/2023
27.63%
Change Over
Last Month
33.27%
Change Over
Last 3 Months
10.74%
Change Over
Last 12 Months
28.61%
Change Over
Last 24 Months
Westfield, MA 01085
Market Snapshot: Sales Price
About this data: The Metrics displayed here reflect median sales price for SFR and Condos using MLS listing data.
7. Market Activity Report Westfield, MA 01085
Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
This map layer shows the average listing price for properties in the previous six months, in areas
where RPR has MLS data.
Median List Price
$360K
Updated: 6/30/2023
9.09%
Change Over
Last Month
14.53%
Change Over
Last 3 Months
10.77%
Change Over
Last 12 Months
35.81%
Change Over
Last 24 Months
Westfield, MA 01085
Market Snapshot: List Price
About this data: The Metrics displayed here reflect median list price for SFR and Condos using MLS listing data.
8. Market Activity Report Westfield, MA 01085
Copyright 2023 Realtors Property Resource®
LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity. 7/11/2023
Search
Criteria
Location: Westfield, MA 01085; Date: Changes in the Last 3 Months; Transaction Types: For Sale, For
Lease; Change Types: New Listings, Pending, Closed, Distressed; Property Types: Single Family,
Condo/Townhouse/Apt.; Beds: 3 – No Max; Baths: 2 – No Max; Maximum Properties per Change Type:
10; Sort Order: Recently updated
Market Activity Summary Stats
New Listings Pending Closed Distressed
Number of Properties 10 10 10 1
Low Price / Value $250,000 $349,900 $245,000 $413,210
Median Price / Value $414,900 $404,500 $408,000 $413,210
High Price / Value $615,000 $575,000 $457,000 $413,210
Average Price / Sq. Ft. $222 $222 $207 $200
Median Price / Sq. Ft. $216 $232 $201 $200
Average Days in RPR 18 48 79 –
Median Days in RPR 5 37 55 –
Total Volume $4,309,400 $4,320,600 $3,868,000 $413,210