New Downward Trend in Contracts for Westfield Real Estate Market

Sales fell to 63 homes sold in the Westfield market over the last 30 days. Furthermore, a budding downturn in the number of pending transactions continued, with 52 completed in the same period. The median sales price dropped to $253,193 over the latest reporting period for Westfield, down from $255,760. There are only three months of inventory available in Westfield, so it's still seller's market, even with the shrinking contracts numbers.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Westfield:

$749K   $1.2M   $699K  

Get started right now by checking out Westfield homes for sale or reviewing Westfield real estate trends.

Demographic facts for Westfield:

  • The median house value here is $181,100.
  • This area usually gets 118 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 6.1%.
  • For every teacher there are 18.0 students in this area. (15.3 = national average)

Data reported through 10/19/2016

Comments:

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