$4,453 Closing Credit*
$375,000
2,088 SqFt
4 Beds
•2 Full Baths
#73313528, Nicole Satkowski, Listing Office: RE/MAX Compass
Is Granville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Granville was a Seller's Market.
Key Takeaway
Granville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Granville, MA
How much do homes in Granville, MA cost?
Median Sold Price
$422,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$82,000(+24.1%)
Key Takeaway
Homes in Granville have sold for 24.1% more than they did a year ago.
Summary: The median home sold price in Granville was $422,000 in October 2024, up 24.1% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $159.9K | N/A |
| 2 Bedrooms | - | $392.5K | N/A |
| 3 Bedrooms | $297.5K | $407.8K | +37.1% |
| 4 Bedrooms | $360K | $547.5K | +52.1% |
| 5+ Bedrooms | $370K | $922.5K | +149.3% |
Summary: Granville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.1%, 4 bedroom homes increased by 52.1%, and 5+ bedroom homes increased by 149.3%.
Median Sold Price Compared To Nearby Cities
| Russell | $288K | $383.5K | +33.2% |
| Granville | $340K | $422K | +24.1% |
| Westfield | $312.5K | $350K | +12.0% |
Housing Supply in Granville, MA
How many homes are available in Granville, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Granville real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Granville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Granville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Granville in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Granville, MA
How long does it take to sell a home in Granville, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 92 Days | +324.6% |
Summary: Homes in Granville had an average of 92 days on market in Oct 2024, up by 324.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Granville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Granville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
