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.
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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
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www.lesleylambert.com
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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