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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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Real Estate Market Report Westfield, MA January 2014

  • 1. 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
  • 2. 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
  • 3. 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
  • 4. 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
  • 5. 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
  • 6. 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
  • 7. 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
  • 8. 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
  • 9. 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