Homes for sale in Westfield – 4th Quarter 2011 Real Estate Statistics

In Westfield, the real estate market stayed steady from the end of 2010 to the end of 2011. As shown by the 4th quarter real estate statistics for Westfield, 89 homes were listed for sale at the end of 2011, down from 98 homes for sale in 2010. The number of properties sold was similar, with 81 sold at the end of 2010 and 78 at the end of 2011. The average sales price in 2011 of $230,166 was a slight improvement over the average sales price of $227,000 over the same time period in 2010. Average days on market also increased, with homes selling in an average of 88 days in 2010 and 117 days in 2011.

Westfield Real Estate Statistics—

4th Quarter, October – December 2011

 

  4th Quarter 2011 4th Quarter 2010 % Change
Listed homes 89 98 -10%
Sold listings 78 81 -3%
Pending listings 36 25 31%
Average Sales Price $230,166 $227,879 1%
Low Sales Price $72,000 $65,000 10%
High Sales Price $932,500 $950,000 -1%
Average Days on Market 117 88 25%
Average List Price to Sale Price 95% 95% 0%

Source: MIBOR, October 1-December 31, 2011

* This information is deemed reliable but not guaranteed.

 

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