$10,000 Closing Credit*
$929,900
3,587 SqFt
4 Beds
•3 Full Baths, 1 Partial
#73314565, Kelley and Katzer Team, Listing Office: Kelley & Katzer Real Estate, LLC
Is Southwick, 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, Southwick was a Seller's Market.
Key Takeaway
Southwick is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southwick, MA
How much do homes in Southwick, MA cost?
Median Sold Price
$431,200
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,200(+10.6%)
Key Takeaway
Homes in Southwick have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Southwick was $431,200 in October 2024, up 10.6% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204K | $247.5K | +21.3% |
| 2 Bedrooms | $280K | $280K | 0.0% |
| 3 Bedrooms | $380K | $442.5K | +16.5% |
| 4 Bedrooms | $530K | $599.9K | +13.2% |
| 5+ Bedrooms | $690K | $431.2K | -37.5% |
Summary: Southwick housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Southwick | $390K | $431.2K | +10.6% |
| Suffield | $414K | $455K | +9.9% |
| North Granby | $495K | $532.5K | +7.6% |
| Feeding Hills | $350K | $345K | -1.4% |
Housing Supply in Southwick, MA
How many homes are available in Southwick, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Southwick real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Southwick 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 decreased by 25%, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Southwick, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Southwick in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Southwick, MA
How long does it take to sell a home in Southwick, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 39 Days | +37.2% |
Summary: Homes in Southwick had an average of 39 days on market in Oct 2024, up by 37.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Southwick are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Southwick; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
