$1,781 Closing Credit*
$150,000
1,015 SqFt
3 Beds
•1 Full Bath
#73306712, Paul Miele, Listing Office: Pioneer Realty
Is Southwick, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Southwick has remained a Seller's Market.
Key Takeaway
Southwick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southwick, MA
How much do homes in Southwick, MA cost?
Median Sold Price
$423,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$40,500(+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 $423,000 in September 2024, up 10.6% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204K | $247.5K | +21.3% |
| 2 Bedrooms | $280K | $267.5K | -4.5% |
| 3 Bedrooms | $379.7K | $400K | +5.3% |
| 4 Bedrooms | $498.5K | $615K | +23.4% |
| 5+ Bedrooms | $640.4K | $435K | -32.1% |
Summary: Southwick housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Cities
| West Suffield | $437.9K | $538.7K | +23.0% |
| Suffield | $401K | $453.5K | +13.1% |
| North Granby | $480K | $532.5K | +10.9% |
| Southwick | $382.5K | $423K | +10.6% |
| Feeding Hills | $350K | $345K | -1.4% |
Housing Supply in Southwick, MA
How many homes are available in Southwick, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Summary: The Southwick real estate market had 27 homes for sale in September 2024, a 3.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Southwick housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwick, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Southwick in September 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 32 Days | 41 Days | +28.8% |
Summary: Homes in Southwick had an average of 41 days on market in Sep 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southwick has remained consistent over time.
Summary: During September 2024, 5 homes were sold in Southwick; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
