$7,707 Closing Credit*
$649,000
2,158 SqFt
3 Beds
•2 Full Baths
#73321002, Christopher Perkins, Listing Office: RE/MAX Compass
Is Southwick, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$425,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,000(+8.7%)
Key Takeaway
Homes in Southwick have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Southwick was $425,000 in November 2024, up 8.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204K | $247.5K | +21.3% |
| 2 Bedrooms | $287.5K | $300K | +4.3% |
| 3 Bedrooms | $377.5K | $435.1K | +15.3% |
| 4 Bedrooms | $510K | $614.9K | +20.6% |
| 5+ Bedrooms | $690K | $431.2K | -37.5% |
Summary: Southwick housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes decreased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Suffield | $405K | $465.1K | +14.8% |
| Southwick | $391K | $425K | +8.7% |
| Feeding Hills | $345K | $349.9K | +1.4% |
Housing Supply in Southwick, MA
How many homes are available in Southwick, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Summary: The Southwick real estate market had 29 homes for sale in November 2024, a 14.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Southwick housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwick, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Southwick in November 2024, up by 85.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 36 Days | +52.9% |
Summary: Homes in Southwick had an average of 36 days on market in Nov 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 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 November 2024, 13 homes were sold in Southwick; 46% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
